A claim for breach of the duty of oversight is known as a Caremark claim, after the landmark Delaware Court of Chancery decision in In re Caremark International Inc. Derivative Litigation (1996).

Companies are increasing pressure to address environmental, social, and governance (“ESG”) issues. ESG topics have taken center stage in boardrooms, with regulatory agencies, and in the media. For ...

CVS Caremark is teaming with GoodRx to provide pharmacy discounts to commercial plan customers. The two companies announced on Wednesday the launch of Caremark Cost Saver. In the program, eligible ...

The decision to shift from CVS Health's Caremark underscores Tyson's commitment to controlling escalating pharmacy costs. Tyson's chosen alternative guarantees a 15% reduction in pharmacy costs ...

The FTC sued Cigna-owned Express Scripts, CVS-owned Caremark and UnitedHealth-owned Optum Rx in September, arguing that the drug middlemen prefer more expensive insulin products because they result in ...

WASHINGTON, Sept. 26-- The U.S. Department of Justice issued the following news release: Caremark L.L.C., a pharmacy benefit management company (PBM), will pay the United States $6 million to settle ...

A "takeunder" is a better deal than a highly leveraged takeover. That's the message from directors of Nashville-based pharmacy benefit manager Caremark Rx, who voted over the weekend to stick with ...

CVS/Caremark Corp. CVS released the names of its 14-member board, which is evenly split among designees from CVS Corp. and Caremark Rx Inc. CMX, with Caremark's E. Mac Crawford named as chairman.

CVS Pharmacy and Caremark were hit with a breach-of-contract lawsuit Friday in Mississippi Southern District Court. The complaint was filed by Brown Buchanan P.A. on behalf of Rx Solutions. Defense ...

CVS Caremark, Express Scripts, OptumRx, UnitedHealth and MedImpact Healthcare Systems were hit with an antitrust lawsuit on April 1 in Mississippi Southern District Court. The suit, brought by the ...