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$3 M Settlement With Kroger, CVS, Walgreens For Generic Prescriptions
By: Associated Press
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CHARLESTON, W.Va. (AP) – West Virginia officials have reached a nearly $3 million settlement with Kroger, CVS and Walgreens in a dispute involving cost savings from generic prescription drugs sales.
Attorney General Patrick Morrisey made the announcement Tuesday in a news release.
A lawsuit stated that the pharmacies failed to accurately calculate and pass along retail savings from its prescription drug sales. The lawsuit also said that each instance was a violation of the state’s Consumer Credit and Protection Act.
The pharmacies deny any wrongdoing.
In addition to the settlement, the companies must implement a compliance program in accordance with the state’s Pharmacy Act, which requires pharmacies to pass retail savings from generic prescription drug sales onto consumers.
Earlier this year Morrisey announced a $4.9 million settlement with Rite Aid in a similar dispute.