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How Data Lawsuit Settlement Will Impact CVS Health Stock Investors
CVS Health recently agreed to a US$20.5 million settlement over allegations that its website shared personal and protected health information with ad tech firm Criteo without user consent, resolving a data tracking dispute that had raised privacy and compliance questions. The legal resolution lands at the same time CVS Health is working with improved full year guidance, stronger cash generation and better Aetna medical benefit ratios. Together, these factors sharpen attention on how...
CVS Health; Criteo Agree to Pay $20.5 Million to Resolve Website Tracking Litigation
Settlements have been agreed to resolve class action litigation against CVS Health & Criteo and American Wellness Corp. The lawsuits stem from their CVS & Health and Criteo have agreed to pay $20.5 million to resolve class action litigation over the use of website tracking tools. American Wellness Corp. has agreed to pay $2 million to settle a similar class action complaint.