AETNA, INC. DEFRAUDS HUMANA SHAREHOLDERS IN MERGER TAKEOVER, UNKNOWN TO HUMANA SHAREHOLDERS; ANTHEM, INC. DEFRAUDS CIGNA SHAREHOLDERS IN MERGER TAKEOVER, UNKNOWN TO CIGNA SHAREHOLDERS; INVESTORS DO NOT BUY DEBT FINANCING SECURITIES IN EITHER DEAL

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MARCH 16, 2016

Prescott Lovern, Sr. (Lovern) has caught Aetna, Inc. (Aetna) and Anthem, Inc. (Anthem) intentionally hiding catastrophic liability that can bankrupt each respective company, part and parcel to a criminal / civil conspiracy (Conspiracy) with the IRS, which has severely damaged millions of U.S. Consumers. There have been millions of federal felonies committed, now being covered up by Aetna, Humana, Inc. (Humana), Anthem, Cigna Corporation (Cigna), IRS and Social Security Administration (SSA). The Conspiracy has hundreds of billions of dollars in strict liability, with no proof of damage requirement, and no proof anyone was misled requirement.

The Conspiracy is centered around social security numbers (SSNs). The worst collateral damage from the Conspiracy is the Anthem data hack. Millions of SSNs stolen. Many SSNs Anthem obtained through fraud, which led to them being stolen in the hack.  

Aetna has arranged reportedly over $16 Billion in debt financing to acquire Humana through Citigroup Capital Markets (Citi) and UBS Securities (UBS), which Citi & UBS intend to securitise and sell to unsuspecting investors. Lovern told both creditors about the securities fraud associated with the merger, but Citi & UBS simply hung-up on him. All they want are the profits from defrauding innocent investors.

Anthem has arranged reportedly over $26 Billion in debt financing that Bank of America Corp., Credit Suisse Group AG and UBS Group AG intend to securitise and sell to unsuspecting investors. Lovern told these creditors all about the securities fraud associated with the Anthem merger, but once again no interest. All they want are the profits from defrauding innocent investors. Shareholder equity in the creditor companies is now at risk.

Aetna, Humana, Anthem & Cigna have all lawyered up with major defense firms. In-house corporate lawyers don’t retain expensive defense firms if they are innocent.

The IRS is simply hiding under a rock. One honest IRS lawyer involved with the 1095 IRS Forms that are illegal, admitted that I am right about the law governing the SSNs. The IRS enforces the Affordable Care Act (ACA). The ACA started all this and the current administration’s desire to create a current national data base on U.S. Citizens; hence, the scam involving SSNs.

Lovern confronted OMB about the illegal IRS 1095 Forms and they ran like a scalded dog. The IRS 1095 Forms result in multiple felonies every time a SSN is collected using the Form[s]. The federal courts have ruled that when a third party collects a SSN on behalf of the government, that third party is subject to the same laws as the government. The average citizen has no idea their legal rights are being trampled, the same when the health insurance companies lie to them.

The most egregious thing about the Conspiracy is how Obama officials in high ranking positions have no trouble participating and covering-up millions of federal felonies. Lovern reported the felonies to no avail. Nothing has changed. What will change is when Lovern bankrupts the healthcare companies and we get a Republican President next January.

WAKE-UP SEC !!!!!!!! Aetna, Humana, Anthem & Cigna have all committed securities fraud with their SEC filings connected to their respective mergers, and, certain Qs & Ks included.

Stay tuned.

KURT J. HILZINGER COVERING-UP FRAUD COMMITTED BY AETNA AGAINST HUMANA SHAREHOLDERS

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MARCH 16, 2016

Kurt J. Hilzinger was initially elected to the Humana, Inc. (Humana) Board in July 2003, and was elected as Chairman of the Board effective January 1, 2014 as an Independent Director. Mr. Hilzinger served as Lead Director on Humana’s Board of Directors from August 2010 until his appointment as Chairman.

Mr. Hilzinger is a Partner at Court Square Capital Partners, LP, an independent private equity firm, having held this position since November 2007. Prior to that, he was a Director of AmerisourceBergen Corporation from March 2004 to November 2007; having previously served as President and Chief Operating Officer of AmerisourceBergen Corporation from October 2002 to November 2007, and as Executive Vice President and Chief Operating Officer from August 2001 to October 2002. Mr. Hilzinger is also a director of Oncobiologics, Inc.

Prescott Lovern, Sr. (Lovern), president R&L Associates Law, says Aetna, Inc. (Aetna) intentionally failed to disclose, as required by law, to Humana Shareholders, catastrophic liability facing Aetna that can bankrupt Aetna many times over. Aetna’s potential liability [hundreds of billions of dollars is strict liability (no proof of damage requirement)], which they cannot guarantee will not materialize, and, would definitely have resulted in a “NO” vote to the merger, if the Humana Shareholders knew about it. They do not and Mr. Hilzinger is aiding & abetting the cover-up.

Humana is also participating in the Aetna criminal / civil conspiracy that includes Anthem, Inc. (Anthem), Cigna Corporation (Cigna), IRS, and Social Security Administration. It’s Lovern’s opinion Mr. Hilzinger is trying to protect Humana executive “Golden Parachutes.” Humana’s CEO is expecting $40.2 million as part of the merger.

Lovern says Mr. Hilzinger’s actions are also in violation of Sarbanes Oxley as he should have instructed the audit committee to retain outside counsel to investigate Humana management’s illegal activity. Lovern reached out to Mr. Hilzinger. Lovern says, “knowing Hilzinger’s corporate influence in various capacities is scary after seeing him cover-up millions of federal felonies. Hilzinger violated 18 U.S.C. Sec. 4 [federal felony] in his intentional cover-up of Aetna & Humana federal felonies connected to social security numbers.”

Maybe if Mr. Hilzinger gets prosecuted he’ll change his errant ways.

Stay tuned.

JPMORGAN CHASE EXECUTIVES & LAWYERS CAUGHT COVERING-UP SEVERAL MILLION FEDERAL FELONIES CONNECTED TO FCRA CLAIMS / CURRENT CLASS ACTION SETTLEMENT IS A BAD DEAL FOR CLASS MEMBERS

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MARCH 3, 2016

According to Prescott Lovern, Sr. (Lovern), JP Morgan Chase Bank & Chase Bank (collectively “Chase”) et al have committed several million federal felonies between 2000 and October 2015 for going into former Chase customers’ credit files after the customers’ account was closed. Chase did not fight this in a 2009 class action settlement whereby they were supposed to stop; HOWEVER, they never stopped, and now they are about to pay a measly $8.75 MILLION, which the plaintiff lawyers will get about $3 million and the victims will get roughly $25-$50, depending on how many of the 2.2 million former Chase customers who received Notices respond.

Not only is this a bad deal for the victims, Chase Lawyers, Executives, including Jamie “Teflon” Dimon [Chase CEO] who knew about the illegal conduct, and, class action attorneys on both sides [WilmerHale – Chase’s outside law firm] have covered-up the millions of federal felonies still prosecutable, part and parcel to the conspiracy. Every time Chase did an account review at one of the three major credit bureaus on a closed account they violated, but not limited to, 15 U.S.C. Sec. 1681q; 42 U.S.C. Sec. 408(a)(8); and 18 U.S.C. 241 [all felonies]. Certain state criminal statutes were violated and depending on the consumer additional criminal statutes come  into play.

Senior Chase lawyers, Stephen Cutler, Stacey Friedman and Jill Centella are covering this up even though they have a legal obligation to report it under 18 U.S.C. Sec. 4. They have trampled the Rules of Professional Conduct that governs them as lawyers. Lovern will be filing disciplinary complaints against them and others. Mr. Dimon has been avoiding prosecution on a number of legal issues for years. He makes about $27 million a year as CEO of JP Morgan Chase & CO and reportedly has a net worth over $1 Billion.

Lovern fully expects retaliation from Chase and he says, “Bring it on. You can’t successfully sue someone for telling the truth.”

For all the current class member FCRA victims, you are getting a bad settlement.

Stay tuned.

PRESCOTT LOVERN, SR. COMPLETES INVESTIGATION OF PUBLISHER’S CLEARING HOUSE SWEEPSTAKES AND CONFIRMS THEY ARE ILLEGAL GAMBLING & ILLEGAL LOTTERIES

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March 2, 2016

Prescott Lovern, Sr. (Lovern) has investigated Publisher’s Clearing House (PCH) Sweepstakes No. 4900 and No. 6900, as a participant, concluding with overwhelming evidence to prove the Sweepstakes violate Lottery and Gambling laws throughout the country; and, when Lovern complained PCH attempted to enforce illegal arbitration provisions, ignoring their illegal gambling / lottery conduct.

PCH’s outside law firm, Morgan Lewis & Bockius (Morgan Lewis), sanctioned PCH’s illegal conduct and continues to counsel their client to engage in illegal conduct, ignoring the rights of third parties, engaging in attorney misconduct. Lovern will be naming Morgan Lewis in upcoming private attorney general litigation, and, requesting state attorney generals & USDOJ to prosecute; plus, he will be filing disciplinary complaints against all attorney’s involved.

Not only did Morgan Lewis fail to comply with the laws, they intentionally failed to report federal felonies as required under 18 U.S.C., Sec. 4.

Stay tuned.

 

 

PRESCOTT LOVERN, SR.: LEGIONNAIRES DISEASE – OCEAN CITY MARYLAND’S DEADLY SECRET / GOVERNMENT COVER-UP

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JANUARY 8, 2016

Prescott Lovern, Sr. (Lovern) just recovered from Legionnaires Disease, contracted in Ocean City MD (OCMD) in early fall of 2014. Legionella [Legionnaires Disease] has been an ongoing problem in OCMD since at least 2000, according to Center for Disease Control (CDC) documents. In 2011 one OC hotel guest who caught Legionnaires died.

Lovern has investigated the situation after not being convinced the problem / originating source is the private sector, as local / state government officials want you to believe. After investigating the City of Ocean City, its Public Works Department / Water Department; MD Environmental Protection Agency (MD EPA), MD’s Health Department; US Environmental Protection Agency (US EPA) & CDC, Lovern has concluded the originating source of Ocean City Legionella is the Ocean City Public Water Department, which has tested positive for Legionella.

City & State Officials have been covering up that the Ocean City (OC) water system is the real problem, and government officials have continuously shifted the blame on the private sector. OC city officials flat out lied to Lovern about the current outbreak. The County Health Department tried to cover for the City and its contaminated water system. The conduct of OC / State Officials is so unconscionable that government officials should be prosecuted. The person who died in 2011 from Legionnaires is negligent homicide, criminal liability pointing at the City / State.

In what can only be described as “Corrupt Government,” OC Condominium building Home Owner Associations are having to install enormously expensive water filtration systems at their expense to treat the public water being sold to them when it’s the City’s legal / moral responsibility to make sure the water they sell is safe; and, it’s the State’s legal / moral responsibility to make sure all public drinking water systems in MD are safe. Of course, if water being sold to a hotel or condo building is infected with Legionella bacteria it’s going to infect the building’s plumbing system, unless the building has its own sophisticated water treatment system. That is the outrage, the fact that the private sector has to treat water it is paying for, sold by the government. The City / State has failed miserably; putting people’s health at risk, as Legionnaires mortality rate is as high as 50% [CDC], all the while damaging OC home / business owners financial investments.

Maryland has received roughly $300,000,000 + in federal grants from the federal safe drinking water fund [DWSRF] since its creation by Congress in 1998, yet, not ONE PENNY [according to published documents] has been used to take the necessary steps to protect users of OC’s water system, even though City & State Officials have known about the problem since at least 2003. Lovern, in his capacity as private attorney general under the Federal False Claims Act (FCA), is now authorized by federal law and the US Department of Justice to recover that money with automatic treble damages based on allegations that MD violated the FCA in applying for and receiving the vast majority of those federal grants. The DWSRF fund is to assure that public water systems within the states are safe. Lovern will be holding Maryland accountable for its unconscionable behavior.

The US EPA has taken a hands off policy when it comes to Maryland public water systems. Why?  The US EPA told Lovern it’s because they do not have jurisdiction. THAT IS A FLAT OUT LIE. In addition to the Federal Safe Drinking Water Act, and, the ruling in the U.S. Court of Appeals for the District of Columbia in 2003, and, “there are over 300 million pieces of evidence that gives the US EPA jurisdiction to test / monitor the public water system in OC and all over MD,” says Lovern. Federal grants also create jurisdiction.

Lovern has credible evidence that Worcester County Health Department Tests in OC are being altered / omitted to hide OC / State liability; plus, all water tests conducted in OC have been done by culpable parties who have incredible conflicts of interest.

The cover-up and shifting of blame in OC is outrageous, unconscionable, and criminal. Now we will see what the Maryland Legislature & Congress do about this. Lovern will use the courts to hold OC / Maryland Government Officials who are responsible for the public’s health, accountable, not the private sector who is also a victim. OC / State Officials negligence and premeditated conduct could have killed Lovern. Not a smart move.

Stay tuned.

UPDATE: JANUARY 13, 2015 - [NEW INFORMATION CONNECTED TO GOVERNMENT KNOWLEDGE / GOVERNMENT INCOMPETENCE, and MOTIVE TO BLAME PRIVATE SECTOR]

FROM THE STATE OF MARYLAND DEPARTMENT OF HEALTH & MENTAL HYGIENE, YEAR 2000 - Report of the Maryland Scientific Working Group to Study Legionella in Water Systems in Healthcare Institutions June 14, 2000, Baltimore Maryland:

“In Maryland, health care providers are required, under the Code of Maryland Regulations (COMAR), to report cases of legionellosis disease to local health departments. Between 1990 and 1999, there were 366 ‘confirmed’ legionella cases reported to the Maryland DHMH (Figure 1). Patients in 46 (13%) of the 366 cases died. Prior to 1997, ‘probable’ cases were also recorded; from 1990-1996, there were 37 probable legionella infections. Cases were reported from 22 of the 23 Maryland counties, with no obvious geographic clustering. Sufficient data were available to say that in at least 33 of the cases the infection may have been acquired in a hospital; 10 (30%) of these possible nosocomial case patients died. Definitions for confirmed, probable, and nosocomial cases (based on CDC definitions [14,19, 20]) are summarized in Appendix C. As in the national data bases, it is likely that there is substantial underreporting of legionella cases in Maryland. In this context, it should be noted that clinical laboratories are not required to report positive assay results for legionella to the health department (as is required for certain other diseases of public health significance, such as salmonellosis and meningococcal meningitis).”

Sept. 5, 2013 (HealthDay News) – [Source - U.S. Environmental Protection Agency website; Sept. 6, 2013, U.S. Centers for Disease Control and Prevention, Morbidity and Mortality Weekly Report]

“While U.S. water sanitation has improved, bacteria-laden drinking water continues to cause disease outbreaks, according to a report released Thursday by federal health officials.

In all, unsanitary drinking water was responsible for 1,040 illnesses, 85 hospitalizations and nine deaths in 17 states during that time.

Legionella in community water systems was behind more than half of the outbreaks, while Campylobacter was the second most common outbreak cause, according to the report published in the Sept. 6 issue of CDC’s Morbidity and Mortality Weekly Report.

States that reported drinking water-related outbreaks were California, Florida, Georgia, Idaho, Illinois, Maine, Maryland, Minnesota, Missouri, Montana, Nevada, New York, Ohio, Pennsylvania, South Carolina, Utah and Vermont.”


PRESCOTT LOVERN, SR. CATCHES FEDERAL RESERVE BOARD IG COVERING UP CFPB ILLEGAL CONDUCT IN REPORT TO CONGRESS

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UPDATE: December 10, 2105

The Federal Reserve Board IG, CFPB lawyers, and General Dynamics lawyers are all hiding, refusing to address the allegations of their illegal conduct. They haven’t even tried to deny the allegations. The situation is escalating rapidly.

December 9, 2015

Prescott Lovern, Sr. (Lovern) discovered in a Report to Congress (Report), September 2, 2015, about the Consumer Financial Protection Bureau (CFPB),  the Inspector General (IG) for the Federal Reserve Board (FRB), Mark Bialek, lied to Congress about the CFPB being in compliance with “all applicable laws”. Lovern just finished an investigation into the CFPB and discovered high ranking CFPB executives / lawyers are violating, but not limited to, Dodd Frank, FTC Act, state and federal criminal statutes, and the federal False Claims Act.

In addition, General Dynamics / General Dynamics Information Technology (collectively “GD”) executives are conspiring with CFPB executives / lawyers on the same violations, and, FRB IG personnel is also involved.

The FRB IG’s office serves as the IG for the CFPB. They are all acting in concert to trample the federally protected / states’ rights of U.S. Consumers associated with the CFPB compliant process, via the CFPB Consumer Response Center, owned an operated by GD.

For the CFPB to intentionally violate Dodd Frank to protect companies they regulate, violating the rights of consumers in the process, as well as violating the intent of Congress as to the purpose of Dodd Frank is OUTRAGEOUS. Lovern said, “I’m gonna stop it. Somebody needs to go to prison.”

Lovern has filed the paperwork to establish himself as the Qui Tam – Private Attorney General under the Federal False Claims Act (FCA); and, he intends to make guilty parties pay statutory fines under the DCCPPA.

Other FRB IG personnel who worked on the Report are:

Report Contributors -

James Keegan, OIG Manager

Dave Horn, Project Lead

Victor Calderon, Senior Forensic Auditor

Bettye Latimer, Senior Auditor

Hau Clayton, Auditor

Matt Gibbons, Auditor

Dennis Wolley Jr., Audit Intern

Cynthia Gray, Senior OIG Manager for Financial Management and Internal Controls

Melissa Heist, Associate Inspector General for Audits and Evaluations

 

Stay tuned.

 

 

PRESCOTT LOVERN, SR. SAYS THAT IF PEPCO MERGER GETS APPROVED HE WILL FILE TWO LAWSUITS THAT WILL BANKRUPT PEPCO

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MARCH 1, 2016 [PEPCO MERGER UPDATE]

Pepco / Exelon merger voted down, appears dead.

December 3, 2015 – [PEPCO MERGER UPDATE]

Prescott Lovern, Sr. (Lovern) is sitting on two lawsuits, one consumer, one shareholder, both pursuant to the District Private Attorney General (PAG) statutes [PAG standing via DC Code 28-3905(k)(1)(B)]. Both lawsuits comply with Rotunda decision. Both can collect statutory damages with no proof of damage and no proof anyone was misled. The shareholder suit is exempt from SLUSA. Either lawsuit can bankrupt PEPCO.

GSA should pay more attention to what is going on because they may find themselves working by candlelight.

The legal claims that create the lawsuits have been covered-up by Exelon executives / lawyers, and of course Pepco executives and lawyers.

Neither company has provided any alleged legal authority to dispute Lovern’s claims.

PRESCOTT LOVERN, SR. SAYS REPRESENATIVE / PRIVATE ATTORNEY GENERAL WAIVERS IN ARBITRATION PROVISIONS ARE ILLEGAL

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December 3, 2015

Consumers WAKE-UP. You are being screwed by just about everybody you do business with. Banks, credit companies, retail outlets, credit card issuers, SWEEPSTAKES, online shopping websites, consumer goods manufacturers, hotels, car companies. Most all of them require arbitration in the event of a dispute, and about 98% prohibit representative / private attorney general (PAG) lawsuits and PAG arbitration [yes you can use PAG statutes to arbitrate]; and, that is illegal so sayeth the U.S. Supreme Court and federal circuit courts.

Big business is lying to you, taking advantage of you. They tried to do it to me and I stopped it in 24 hours.

Have your lawyers contact me at corporate@rlassociateslaw.com. I can only talk to your lawyer.

Major litigation in the works, and you will be shocked when you see who’s taking advantage of you.

Stay tuned.

UPDATE:

U.S. Supreme Court – DirecTV, Inc. v. Imburgia, et al., No. 14-462 (Dec. 14, 2015).

Nothing in the decision affects the viability of actions brought under California’s Private Attorney Generals Act (PAGA) as an avenue to avoid the effects of a class waiver. A PAGA claim is a type of government enforcement action where the representative employee acts as the state’s proxy. Given this “loophole,” the number of PAGA class actions probably will increase as plaintiffs’ counsel include such claims in their complaints, if for no other reason than to avoid arbitration.

PAGA lawsuits or PAG Arbitration brought under any state statutory authority cannot be barred by arbitration waivers… period.

PRESCOTT LOVERN, SR. ALLEGES “GAME TIME GOLD AT MCDONALD’S® IN-STORE GAME & SWEEPSTAKES’ IS ILLEGAL IN THE FACT THAT IT MISLEADS CONSUMERS

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NOVEMBER 20, 2015:

Prescott Lovern, Sr. (Lovern) discovered that GAME TIME GOLD at McDonald’s® IN-STORE GAME & SWEEPSTAKES, in his opinion, has a illegal arbitration clause that misleads participants. In Lovern’s opinion it is civil & criminal. The laws governing arbitration changed in 2012, post Concepcion.

McDonald’s management / officers, lawyers & directors (Mcd Mgt) have refused to correct the “Official Rules” to get into compliance. Lovern demanded that the McDonald’s audit committee, led by Enrique (Rick) Hernandez (Chair), follow Sarbanes Oxley (SOX), deal with Mcd Mgt and correct the game, but Mr. Hernandez went underground. Interestingly, Mr. Hernandez also sits on the audit committee of Wells Fargo (WF) who has the same alleged illegal language in the WF Bank customer agreements. WF’s Board is also covering this up. McDonald’s has another executive who sits on the Board of United States Gypsum who is also using similar, alleged illegal language in their arbitration provision, and they are covering up what they are doing.

One long tome McDonald’s franchisee recently had this to say about Mcd Mgt, “Never in my long McDonald’s life have I seen just about every aspect of this corporate circus so mismanaged.”

The NFL who is part of the McDonald’s Sweepstakes has also ignored the issue. It’s apparent Mcd Mgt and the NFL do not care whether consumers are treated fairly. After all the NFL charges the military to honor veterans at NFL games.

What’s next for McDonald’s? Perhaps slumping sales are just Karma.

Stay tuned.

RITE AID SHAREHOLDERS BEWARE: PRESCOTT LOVERN, SR. WILL EXPOSE ALLEGATIONS OF FRAUD CONNECTED TO WALGREEN’S / RITE AID MERGER

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UPDATE: November 20, 2015

Prescott Lovern, Sr. now has documented evidence Rite Aid’s legal department is aiding and abetting Walgreen’s illegal conduct connected to the merger. Rite Aid management is trying to hide the fact Walgreen’s is facing potential bankruptcy based on illegal terms & conditions with their customers that can result in statutory fines far greater than their total assets.

NOVEMBER 5, 2015

Prescott Lovern, Sr. (Lovern) has standing in the nationwide contaminated moist wipes matter that developed summer of 2014 that includes Walgreen’s. Lovern has the legal right to file a private attorney general (PAG) lawsuit that can cost Walgreen’s billions, regardless of pending class actions and their outcome that he is not involved in.

More important, it is Lovern’s opinion that Walgreen’s has committed massive securities / wire fraud in the last year based on evidence in his possession, including SEC filings connected to the Rite Aid merger.

When Lovern confronted Rite Aid they immediately retained Pepper Hamilton law firm, however, Rite Aid, nor its executives or lawyers, have done anything required of Rite Aid legally to protect Rite Aid shareholders. Walgreen’s executives / lawyers have completely ignored all of this.

It’s Lovern’s opinion that both companies seem to think they are immune from any PAG shareholder lawsuit in state court based on state law because of Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit, 547 U.S. 71 (2006) & SLUSA, but, Lovern claims PAG lawsuits are not prohibited by SLUSA based on several U.S. Supreme  Court opinions post Dabit that deal with class action, PAG actions, and SLUSA; plus, the legislative intent of SLUSA. It’s Lovern’s opinion that his evidence can bankrupt Walgreen’s pre or post merger with one PAG shareholder lawsuit that carries statutory fines, yet no proof of damage, no certification of class, and no proof anyone was misled requirements.

RITE AID executives are trying to protect their “GOLDEN PARACHUTES.”

RITE AID SHAREHOLDERS BEWARE – WALGREEN’S SHAREHOLDERS WAKE-UP.