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STOCKHOLDERS CAN ASSIST THE SCHALL LAW FIRM IN A SECURITIES FRAUD LAWSUIT
AGAINST CVS HEALTH CORPORATION

Friday, 13 September 2024 11:00 AM

The Schall Law Firm

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Topic:
Class Action

LOS ANGELES, CA / ACCESSWIRE / September 13, 2024 / The Schall Law Firm, a
national shareholder rights litigation firm, reminds investors of a class action
lawsuit against CVS Health Corporation ("CVS" or "the Company") (NYSE:CVS) for
violations of 10(b) and 20(a) of the Securities Excange Act of 1934 and Rule
10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.



Investors who purchased the Company's securities between May 3, 2023 and April
30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm
before September 10, 2024.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049
Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to
discuss your rights free of charge. You can also reach us through the firm's
website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification
occurs, you are not represented by an attorney. If you choose to take no action,
you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to
the market. CVS failed to properly forecast medical cost trends and health care
utilization rates. The Company was forced to incur material costs due to its
ineffective forecasts. The Company overstated the profitability of its Health
Care Benefits division. Despite its assurances, the Company's profits from other
business segments were not sufficient to cover the increasing expenses incurred
by the Health Care Benefits segment. Based on these facts, the Company's public
statements were false and materially misleading throughout the class period.
When the market learned the truth about CVS, investors suffered damages.

The Schall Law Firm represents investors around the world and specializes in
securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions
under the applicable law and rules of ethics.

CONTACT:
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

SOURCE: The Schall Law Firm

Topic:
Class Action
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