Rhode Island Supreme Court Affirms Dismissal Of Securities Case Against CVS

( February 6, 2025, 10:12 AM EST) -- PROVIDENCE, R.I. — A panel of the Rhode Island Supreme Court affirmed a lower court’s dismissal of stockholders’ complaint against CVS Health Corp. for violating federal securities laws by providing false or misleading statements in its stock offering documents, finding that while the lower court erred by finding that the case was collaterally estopped, the stockholders waived their right to address the lower court’s dismissal based on the merits of the case....

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