AP NEWS
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of CVS Health Corporation Investors

March 4, 2019

BENSALEM, Pa.--(BUSINESS WIRE)--Mar 4, 2019--Law Offices of Howard G. Smith announces an investigation on behalf of CVS Health Corporation investors (“CVS” or the “Company”) (NYSE:  CVS ) concerning the Company and its officers’ possible violations of federal securities laws.

On February 20, 2019, CVS announced the Company’s fourth quarter and full year financial and operating results and provided 2019 full year guidance. CVS advised investors that adjusted earnings in 2019 would be $6.68 to $6.88 per share, compared with the $7.36 average of market estimates, citing rising costs and poor results related to the Company’s 2015 acquisition of Omnicare. On this news, shares of CVS fell $5.66 per share, 8.1%, to close at $64.22 on February 20, 2019, thereby injuring investors.

If you purchased CVS securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to  howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190304006029/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Law Offices of Howard G. Smith

Copyright Business Wire 2019.

PUB: 03/04/2019 06:15 PM/DISC: 03/04/2019 06:15 PM

http://www.businesswire.com/news/home/20190304006029/en