Walgreens fights 'staggering' $642 mln arbitration award to Humana

Malaysia News News

Walgreens fights 'staggering' $642 mln arbitration award to Humana
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

National retail pharmacy giant Walgreen Co has asked a U.S. judge to vacate an arbitrator's award of more than $642 million to Humana Health Plan Inc in a drug-pricing dispute, calling the 'staggering' sum the result of a 'miscarriage of justice.'

"rewrote" its contracts with Humana. It also accused the arbitrator, from the JAMS arbitration forum, of using a flawed model to assess alleged damages.

"The result was that the arbitrator awarded a massive windfall to Humana," Walgreens' attorneys at Reed Smith said in the court filing. Washington, D.C.-based Crowell has denied any conflict of interest in representing Humana against the law firm's former client Walgreens.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Video shows San Francisco Walgreens security guard fatally shooting alleged shoplifterVideo shows San Francisco Walgreens security guard fatally shooting alleged shoplifterSAN FRANCISCO — The San Francisco District Attorney's Office has decided not to file criminal charges against a Walgreens security guard accused of fatally shooting an alleged shoplifter last month.
Read more »

Texas Eats: National BBQ MonthTexas Eats: National BBQ MonthThis week on Texas Eats, David Elder takes us on a BBQ tour for National BBQ Month.
Read more »

93-year-old woman and grandson complete journey to all 63 US national parks | CNN93-year-old woman and grandson complete journey to all 63 US national parks | CNNBrad Ryan and his grandmother Joy Ryan set out on a journey to visit all 63 national parks seven and a half years ago. This week they completed their goal when they arrived at the National Park of American Samoa.
Read more »

National Treasure crosses finish line 1st at Preakness, hours after other Baffert horse euthanizedNational Treasure crosses finish line 1st at Preakness, hours after other Baffert horse euthanizedBaffert headed to the winner’s circle on the same day that his colt Havnameltdown went down with a fatal left leg injury in an undercard race.
Read more »



Render Time: 2025-02-25 05:55:46