Rite Aid Lawsuit Loss Submission Form

Company: Rite Aid Corporation

Ticker: (NYSE) RAD

Deadline

Passed

Lead Plaintiff Deadline: December 19, 2022

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Allegations

(i) despite representations to the contrary, the number of new members that the Elixir pharmacy benefit management services business was adding during the selling season ending on January 1, 2023 was in material decline; (ii) Rite Aid was likely to recognize a significant charge for the impairment of goodwill related to Elixir due to a decrease in “lives” covered by Elixir’s pharmacy benefit management services business; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

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