September 6, 2017 / 6:43 PM / 10 months ago

CVS defeats generic drug overcharging class action

By Nate Raymond A federal judge has dismissed a class action lawsuit accusing pharmacy chain CVS Health Corp of systematically overcharging people who bought generic drugs using insurance rather than cash.

U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, on Tuesday rejected the lawsuit’s claims that CVS misrepresented drug prices to pharmacy benefit managers who administered prescription benefits for health plans.

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