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CVS Agrees to $110 Million Settlement

Settlement is to settle a shareholder lawsuit related to alleged accounting abuses at CVS.

> > In a statement, the company maintained that it 'continues to deny liability and entered into the settlement agreement solely to avoid the risk and diversion of resources associated with trial," according to the Boston Globe. The proposed settlement must still be approved by the U.S. District Court in Boston.
Source: CFO


Published:2005-06-08
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