CVS Health Agrees to $440M Settlement with DOJ Over Fraudulent Billing by Subsidiary

CVS Health has agreed to pay at least $440 million in a settlement with the Department of Justice (DOJ) related to fraudulent billing practices committed by its subsidiary, Omnicare. The deal resolves long-standing legal issues stemming from false claims submitted over eight years and follows a previous court-ordered penalty of nearly $950 million.

By Emily Olsen Fri, July 10, 2026 at 11:50 AM GMT+3 2 min read · Yahoo Finance · July 10, 2026, 08:50 UTC

Tickers: $CVS

Topics: bankruptcy healthcare legal

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