October 17th 2024
James Rider, PharmD, shared his experiences as a pharmacy manager at CVS.
CVS pays $20 million to settle SEC fraud charges
April 9th 2014CVS Caremark agreed on Tuesday to pay a $20 million fine to settle the U.S. Securities and Exchange Commission (SEC) charges that it misled investors in 2009 about financial setbacks and used improper accounting methods for boosting its financial results, according to a SEC statement.
Did pharmacy board give Walgreens special treatment?
April 2nd 2014That’s the charge being made by a government watchdog group and a labor federation, which alleges that the Indiana Board of Pharmacy in 2011 approved Walgreens’ new pharmacy design with the help of the former board president who is employed by the drug chain.
Walgreens to close 76 drugstores in 2014
March 25th 2014Walgreens plans to close 76 of its drugstores nationwide between April and August 2014, which amounts to less than 2% of its stores, due to store density and non-optimal real estate, Walgreens President and CEO Greg Wasson, said during a conference call on March 25.