Summary
CVS Health Corp. (then CVS Caremark Corporation) announced on August 2, 2013, that it has reached a settlement in principle with the Boston Regional Office of the Securities and Exchange Commission (SEC) to resolve an investigation. This investigation pertained to certain events that transpired in 2009, the specifics of which are not detailed in this filing. The company has attached the relevant press release as an exhibit to this 8-K filing.
Key Highlights
- 1CVS Health (CVS) reached a settlement in principle with the SEC.
- 2The settlement aims to resolve a previously disclosed SEC investigation.
- 3The investigation concerns events that occurred in 2009.
- 4The announcement was made via a press release dated August 2, 2013.
- 5The press release is included as an exhibit to the 8-K filing.
Frequently Asked Questions
The main purpose of this 8-K filing is to announce that CVS Health has reached a settlement in principle with the SEC to resolve a previously disclosed investigation concerning events in 2009.
The SEC was investigating certain events that occurred at CVS Health in 2009. The specific details of these events are not provided in this 8-K filing, but are likely elaborated in the attached press release.
A 'settlement in principle' means that both parties (CVS Health and the SEC) have agreed to the general terms of a settlement. However, this typically requires further documentation and final approval before it is officially concluded.
More details about the settlement are likely contained within the press release issued by CVS Caremark Corporation on August 2, 2013, which is attached as Exhibit 99.1 to this 8-K filing.