9th Circ. Axes Lawsuit Over Stores' Drug Pricing Role

Law360, New York (February 9, 2012, 4:26 PM EST) -- The Ninth Circuit on Thursday upheld the dismissal of a proposed class action against several pharmacy chains — including CVS Caremark Corp., Rite Aid Corp. and Walgreen Co. — over the companies’ alleged participation in a scheme to artificially inflate drug prices.

In a published, unanimous opinion, the appeals court affirmed a lower court's dismissal, finding that U.S. District Judge Susan Illston correctly ruled that lead plaintiff Skilstaf Inc., an Alabama payroll service company, was not permitted to bring the suit because of provisions in a...
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