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Law firm investigates CVS over earnings guidance cut and related securities lawsuit

Market News
09 Oct 2026
PRNewsWire
View Source
Bearish
Law firm investigates CVS over earnings guidance cut and related securities lawsuit

Kahn Swick & Foti, LLC has launched an investigation into CVS Health Corporation following the company's announcement in August 2023 that it lowered its earnings-per-share guidance and reported a 30.7% drop in operating income due to declines in its Health Care Benefits segment. This financial update led to a securities class action lawsuit against CVS and some executives for allegedly failing to disclose material information. The law firm is examining whether CVS officers or directors violated fiduciary duties or laws. Investors with relevant information or CVS shareholders interested in their legal rights are encouraged to contact the firm.

CVS Health Corporation has a market capitalization of $112.29 billion and a dividend yield of 3.03% as of October 10, 2026, 07:11 WIB on Pluang. The stock price is currently USD 86.16, down 1.87% for the day, while trading volume reached 7,763,676 shares. Despite the ongoing investigation and legal scrutiny, Pluang investors show full buying interest with 100% buy order activity at this time.

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