Holland v. RiteAid Corp. et al
Case Number:
2:23-cv-02962
Court:
Nature of Suit:
Other Statutes: Securities/Commodities
Multi Party Litigation:
Class Action
Judge:
Firms
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August 22, 2025
Rite Aid Execs Dodge Investor Suit Over Opioid Litigation
Several of Rite Aid's executives have escaped a securities fraud suit accusing them of making misleading statements about the pharmacy retailer's opioid-related liabilities, with a Pennsylvania federal court finding they sufficiently cautioned investors about the company's ongoing legal battles.
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January 17, 2024
Rite Aid Ch. 11 Stay Doesn't Apply To Execs, Investors Say
Rite Aid shareholders urged a Pennsylvania federal court this week to not pause their class claims alleging company executives made misleading statements about the pharmacy retailer's opioid-related liabilities, asserting that the individuals named in the lawsuit are not covered by an automatic stay in the firm's ongoing Chapter 11 case.