SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

May 17, 2016 10:45 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Express Scripts Holding Company of Class Action Lawsuit and a Lead Plaintiff Deadline of July 5, 2016 -- ESRX

NEW YORK, NY--(Marketwired - May 17, 2016) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Express Scripts Holding Company ("Express Scripts" or the "Company") (NASDAQ: ESRXbetween February 24, 2015 through March 21, 2016.

You are hereby notified that a class action has been commenced in the USDC for the Southern District of New York. If you purchased or otherwise acquired Express Scripts securities between February 24, 2015 through March 21, 2016, your rights may be affected by this action. To get more information go to: http://www.zlk.com/pslra/express-scripts-holding-company.

The complaint alleges throughout the Class Period Express Scripts failed to disclose and/or misled investors as to the true state of the Company's relationship and contract with client Anthem, Inc. On January 12, 2016, Anthem threatened to terminate its relationship with Express Scripts unless it renegotiated an agreement that would deliver more than $3 billion in annual savings to Anthem. Then on March 21, 2016, Anthem initiated legal action against Express Scripts, alleging that the Company breached its contract by failing to negotiate drug pricing terms in good faith. The complaint revealed a conflict between Express Scripts and Anthem dating back to at least February 2015.

If you suffered a loss in Express Scripts you have until July 5, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/pslra/express-scripts-holding-company.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph E. Levi, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com