CVS Health CVS

New York Attorney General Letitia James has filed a lawsuit against CVS Health Corp, claiming antitrust violations related to its requirement that safety-net hospitals use its subsidiary, Wellpartner, for discounted drugs. This legal action adds to CVS's ongoing financial challenges, including a substantial $484 million settlement tied to opioid claims and plans to close 900 stores by 2025 as part of a strategic shift to enhance efficiency. Despite a reported revenue increase of 11.2%, CVS faces mounting pressure with declining profit margins and stock volatility amid shifting market conditions.