Attorney General Martha Coakley announced an $2.65 million agreement with CVS over alleged overpricing by the national pharmacy chain, Bloomberg Businessweek reports.
An investigation found that the drug chain was overcharging public entities for prescription medications under the workers compensation program. According to a news release from Coakley’s office:
“The city of Boston will receive $60,000 in restitution, and the cities of Brockton, Lowell, Fall River, and Springfield will each receive refunds in excess of $10,000. Other cities and towns will receive lesser amounts, based on the volume of overcharges applicable to those towns. On average, the municipalities will receive approximately $4,500 each.”