CVS Health Accused in Suit of Overcharging for Generic Drugs

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CVS Health Corp. was accused in a lawsuit by pharmacy customers of intentionally overcharging for generic prescription drugs by submitting claims for payment to third parties at inflated prices.

Beginning in 2008, CVS orchestrated a “massive fraud that resulted in substantial ill-gotten gains,” according to the complaint filed Thursday in San Francisco federal court. The drugstore chain sometimes charges three or four times the customary price for generic drugs, the customers said.