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1st Circ. Affirms CVS Win In Investor Suit Over Omnicare Deal

By Hailey Konnath (August 18, 2022, 10:32 PM EDT) -- The First Circuit on Thursday held that a Rhode Island federal court was correct to toss a putative investor class action against CVS over its acquisition of Omnicare, agreeing with the lower court that the shareholders hadn't pointed to any false statements made by the pharmacy chain....

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