More lawsuits...we reported earlier this year on hospitals suing hospitals and now we have drug stores suing drug stores..BD
CHICAGO - A unit of CVS Caremark Corp., the largest US drugstore chain by number of stores, sued rival Walgreen Co., claiming it prematurely canceled contracts to fill prescriptions for 70,000 people. more stories like this * Today's Globe: home healthcare workers; coffee, fish oil and Alzheimer's; pharmacy suit; shot for smokers * Walgreen October same-store sales rise * CVS Caremark 3Q profit soars * Walgreen sees movie-burning DVD kiosks at stores * September results at drug store chains * Caremark PCS Health LP claims Walgreen will disrupt prescription drug plans Caremark operates for employees of four companies unless it's barred by a judge's order, according to a complaint filed in Chicago federal court.
Walgreen spokesman Michael Polzin said yesterday that CVS Caremark had unilaterally reduced the amount of payments it made to Walgreen for drugs covered by certain employer-sponsored plans "to a level that impacts our ability to provide a high level of pharmacy service to those plan members."
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