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On July 6, 2015 a purported securities class action lawsuit was filed in federal court against $EIX, its CEO and CFO. The lawsuit alleges that the defendants violated the securities laws by failing to disclose that $EIX's ex parte contacts with CPUC decision-makers were more extensive than initially reported.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.