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CVS agrees to pay $110m to settle suit

Complaint alleges securities violation

By Jenn Abelson
Globe Staff / June 7, 2005

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CVS Corp. has agreed to pay $110 million to shareholders to settle a lawsuit that claimed the company violated federal securities laws by making false and misleading statements to artificially inflate stock prices, according to a proposal filed yesterday in US District Court in Boston. (Full article: 677 words)

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