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Michael Lieberman

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jpmorgan employees file class action lawsuit over mismanaged benefits and costs

JPMorgan Chase faces a class action lawsuit from employees alleging mismanagement of benefits, resulting in exorbitant prescription drug costs. The suit claims executives prioritized relationships with CVS Caremark, a major client, over their fiduciary duties, leading to inflated prices for medications like teriflunomide. The lawsuit highlights that employees are paying significantly more than retail prices, with claims that JPMorgan's actions have driven up healthcare costs for its workforce.
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United States Dollar CVS Health Corp Shoprite Holdings Ltd JPMorgan Chase & Co. USA Jamie Dimon Michael Lieberman Show more
Regulatory & Legal, Press Release
16:36 21.03.2025
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