Walgreen Sues Rite Aid, CVS Caremark and Shopko Over Patent Related to Refills by Mobile Phones Bloomberg
DOW JONES & COMPANY, INC. 3:45 PM ET 02/03/14
Symbol Last Price Change WAG 55.57 -1.78 (-3.1%) RAD 5.33up -0.22 (-3.96%) CVS 65.79down -1.93 (-2.85%)
QUOTES AS OF 04:02:05 PM ET 02/03/2014
Walgreen Co. (WAG) has sued Rite Aid Corp.(RAD) , CVS Caremark Corp.(CVS) and Shopko Stores Inc., alleging misappropriation of Walgreen(WAG) technology for refills via mobile phones, Bloomberg News reported Monday.
A spokesman for CVS said the company is "investigating this matter and cannot comment further on pending litigation," while a spokeswoman for Rite Aid(RAD) declined to comment and a spokeswoman for Shopko didn't immediately respond to requests for comment, Bloomberg reported.