Kirby McInerney LLP Announces Investigation of Claims Against CVS Health Corporation (CVS) on Behalf of Investors
Core Viewpoint - CVS Health Corporation is under investigation for potential violations of federal securities laws and unlawful business practices following allegations of illegal kickbacks related to Medicare Advantage plans [1][3]. Group 1: Investigation Details - The law firm Kirby McInerney LLP is leading the investigation into CVS Health Corporation and its officers [1]. - The U.S. Department of Justice filed a complaint against CVS and other insurance broker organizations, alleging that they received hundreds of millions of dollars in illegal kickbacks from insurers [3]. Group 2: Market Reaction - Following the announcement of the DOJ complaint, CVS shares fell by 67.46 on May 1, 2025, down from $69.45 on April 30, 2025 [3].