An investigation on behalf of investors of Express Scripts Holding Company (NASDAQ:ESRX) shares over potential securities laws violations by Express Scripts Holding and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Express Scripts Holding Company (NASDAQ:ESRX), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Express Scripts Holding regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On April 24 2017, Express Scripts Holding Company announced its 2017 first quart financial results and its 2017 guidance. Among other things, Express Scripts Holding Company issued an update on its current long-term PBM contract with Anthem that is set to expire December 31, 2019. Express Scripts Holding Company said that although conversations have been ongoing, the Company was recently told by Anthem management that Anthem intends to move its business when the Company’s current contract with Anthem expires on December 31, 2019, and that Anthem is not interested in continuing discussions regarding pricing concessions for 2017-2019 or in receiving the Company’s proposed pricing for the period beyond 2019. Shares of Express Scripts Holding Company (NASDAQ:ESRX) declined to $57.80 per share on April 25, 2017.
Those who purchased shares of Express Scripts Holding Company (NASDAQ:ESRX) have certain options and should contact the Shareholders Foundation.
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