Medoff v. CVS Caremark Corporation et al

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Case overview

Case Number:

1:09-cv-00554

Court:

Rhode Island

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Class Action

Judge:

Joseph N Laplante

Firms

Companies

Sectors & Industries:

  1. September 15, 2015

    CVS To Pay $48M To End Investor Suit Over Stock Drop

    CVS Caremark Corp. has agreed to pay $48 million to settle a securities class action in which government retirement systems accused the company of making misleading statements about a multibillion-dollar loss two years after CVS and Caremark agreed to a merger, according to a Monday filing in Rhode Island federal court.

  2. April 20, 2015

    Labaton Slams CVS Cert Challenge Over Political Donations

    A group of government retirement fund plaintiffs leading a proposed securities class action against CVS Caremark Corp. on Friday said the company's recent efforts to block certification based on campaign contributions made by plaintiffs' firm Labaton Sucharow LLP were speculative and legally unsupported.

  3. April 01, 2015

    Labaton Row A Reality Check On Lawyer Donations

    CVS Caremark Corp.'s recent bid to derail a securities class action over claims the municipalities leading the suit were influenced by campaign contributions from plaintiffs' firm Labaton Sucharow LLP offers a timely reminder that lawyers must think twice before making political donations, experts say.

  4. March 24, 2015

    CVS Calls Out Labaton Sucharow For Campaign Donations

    CVS Caremark Corp. said Friday a securities class action brought by government retirement systems shouldn't be certified because the municipalities behind the suit were motivated by political donations from plaintiffs' firm Labaton Sucharow LLP. (Correction: An earlier headline and story incorrectly stated that attorneys at another law firm were also accused of giving political contributions. The error has been corrected.)

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