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

Insider Trades: Kroger, Johnson & Johnson Among Notable Names This Week

Seeking AlphaDec 15 00:03

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

"J&J Accuses Big Health Insurer of Helping Drain Its Drug Copay Funds; Pharmaceutical Company Claims Cigna Units Worked With SaveOn and Caused It to Pay More Than $100 Million in Copay Assistance Than It Would Have Otherwise" - WSJ

BenzingaDec 14 04:33

Johnson & Johnson Options Trading: A Deep Dive Into Market Sentiment

BenzingaDec 14 02:46