NEW YORK, NY / ACCESSWIRE / May 11, 2023 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.
Rite Aid Corporation (NYSE:RAD)
CONTACT JAKUBOWITZ ABOUT RAD:
https://claimyourloss.com/securities/rite-aid-class-action-loss-submission-form/?id=39325&from=1
Class Period : April 26, 2018 - March 13, 2023
Lead Plaintiff Deadline : May 19, 2023
The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) until at least June 2019, Rite Aid filled at least hundreds of thousands of unlawful prescriptions for controlled substances that lacked a legitimate medical purpose, including for potentially lethal opioids such as oxycodone and fentanyl; (2) Rite Aid pharmacists filled these prescriptions despite clear "red flags" that indicated that the prescriptions were unlawful; (3) Rite Aid ignored evidence that its stores were dispensing unlawful prescriptions, and intentionally deleted internal notes about suspicious prescribers written by...
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