CVS Caremark Unit, Texas To End Insurance Fraud FCA Suit

Law360, New York (January 16, 2013, 1:44 PM EST) -- Caremark Inc. and the state of Texas asked a federal judge Tuesday to suspend a long-running employee whistleblower suit alleging Caremark defrauded government insurance programs by not reimbursing expenses that should have been covered by private insurers, saying they'd reached a settlement.

Caremark, a unit of CVS Caremark Corp., and the state asked the court to remove the False Claims Act suit from the trial docket since they had reached an agreement to resolve the case in its entirety and expected to execute final settlement papers...
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