Johnson & Johnson is suing a division of Cigna, accusing it of misappropriating a financial aid fund.

On December 16, Gleno Exchange reported that Johnson & Johnson has filed a lawsuit against a division of Cigna, accusing the medical insurance company of collaborating with pharmaceutical benefit managers to steal Johnson & Johnson's financial assistance funds, which are specifically designated for patients using some of Johnson & Johnson's high stock price drugs.

Gelonghui Finance14:46

In the Wake of The Cigna Group's (NYSE:CI) Latest US$10.0b Market Cap Drop, Institutional Owners May Be Forced to Take Severe Actions

Yahoo FinanceDec 14 21:00

Express News | Johnson & Johnson Shares up 0.4%

BreakingsDec 14 04:38

Express News | Cigna Shares Pare Gains, Last up 0.2%; Wall Street Journal Reports Johnson & Johnson Has Sued Divisions of Cigna

BreakingsDec 14 04:37

Express News | J&J Claims Cigna Units Worked With Saveon and Caused It to Pay More Than $100 Million in Copay Assistance Than It Would Have Otherwise - WSJ

BreakingsDec 14 04:35

Express News | Johnson & Johnson Has Sued Divisions of Health Insurer Cigna - WSJ

BreakingsDec 14 04:34