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Kirby McInerney LLP Announces Investigation of Claims Against CVS Health Corporation (CVS) on Behalf of Investors

1. A law firm is investigating CVS for potential federal law violations. 2. CVS accused of illegal kickbacks by the U.S. Department of Justice. 3. CVS shares dropped $1.99 to $67.46 after the allegations. 4. Investors can contact the law firm regarding potential claims. 5. Kirby McInerney LLP has a history of successful securities litigation.

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FAQ

Why Bearish?

Legal investigations typically create uncertainty. CVS shares incurred a significant drop due to allegations, similar past incidents led to prolonged negative impacts on stock prices.

How important is it?

The investigation and allegations can profoundly impact investor sentiment and CVS's stock price, given the scale of legal scrutiny involved.

Why Short Term?

The investigation could lead to immediate market reactions but may stabilize with favorable outcomes. However, prolonged uncertainty from ongoing legal issues can affect stock performance over time.

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UNHANTMCVS
NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against CVS Health Corporation (“CVS” or the “Company”) (NYSE:CVS). The investigation concerns whether CVS and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On May 1, 2025, the U.S. Department of Justice filed a complaint against insurance broker organizations, including CVS, alleging that “insurers paid hundreds of millions of dollars in illegal kickbacks to the defendant brokers in exchange for enrollments in the insurers’ Medicare Advantage plans.” On this news, the price of CVS shares declined by $1.99 per share, from $69.45 per share on April 30, 2025, to close at $67.46 per share on May 1, 2025. If you purchased or otherwise acquired CVS securities, have information, or would like to learn more about this investigation, contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out the form below to discuss your rights or interests with respect to these matters without any cost to you. [CONTACT US] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. ContactsKirby McInerney LLPThomas W. Elrod, Esq.212-699-1180https://www.kmllp.cominvestigations@kmllp.com

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