{
}
In November 2024, a Pennsylvania man was arrested for insider trading related to CVS's acquisition of Oak Street Health, potentially facing 25 years in prison. The DOJ is investigating pharmacy benefit managers (PBMs) for anti-competitive practices, while Medicare improperly paid $190 million to acute-care hospitals over five years. Additionally, Aetna and OptumHealth settled a class action lawsuit for hiding administrative fees, and small pharmacies are suing PBMs for price-fixing.
A pharmaceutical scientist, Carlos Sacanell, faces charges of insider trading after allegedly profiting $617,000 from confidential information provided by his domestic partner, a senior executive at Oak Street Health Inc. The indictment, unsealed in Philadelphia, also includes charges of lying to federal investigators.
Carlos Sacanell
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
insider trading scandal and regulatory scrutiny shake healthcare industry in november
United States Dollar
Centene Corporation
CVS Health Corporation
Aetna
OptumHealth
Blue Cross Blue Shield of Michigan
Allstate
L.A. Care Health Plan
USA
Carlos Sacanell
John Baackes
Carl Schmid
Hatem El Mekki
Show more
19:09 20.11.2024
scientist charged with insider trading linked to domestic partner's confidential information
22:45 31.10.2024
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Finance Mergers & Acquisitions
Retail and Consumer Goods
Global Financial Events
Industry Mergers & Acquisitions
Market Analysis and Predictions
Financial Scams and Security
AI Innovations
Hedge Funds & Private Equity
Global Trade Developments
CEO Changes
Supply Chain Management
Funding Rounds & Investments
Banking Regulations
Startups & Entrepreneurship
Workplace Trends
Government Economic Policies
AI & Automation Regulations
Countries:
Companies:
NVIDIA Corporation
Barclays PLC
Morgan Stanley
JPMorgan Chase & Co.
Tesla, Inc.
Capital One Financial Corporation
The Goldman Sachs Group, Inc.
Bank of America Corporation
Apple Inc.
Wells Fargo & Company
Huawei Technologies CO. Ltd.
Netflix, Inc.
The Charles Schwab Corporation
Citigroup Inc.
Tesmec S.p.A.
Deutsche Bank RV Global PP
Truist Financial Corp
Google Inc.
Discovery Silver Corp.
Coinbase Global, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
United Arab Emirates Dirham
British Pound Sterling
Swiss Franc
Hong Kong Dollar
Canadian Dollar
South Korean Won
Singapore Dollar
Vietnamese Đồng
Offshore Chinese Yuan
Japanese Yen
Brazilian Real
Colombian Peso
Australian Dollar
People: