By Christopher H. Casey, Jonathan L. Swichar, Bradley A. Wasser and Kirk Williams McLeod
On June 23, 2026, Florida Attorney General James Uthmeier issued a civil investigative demand to CVS Health Corporation, the parent company of both the Caremark pharmacy benefit manager and hundreds of CVS retail pharmacies in Florida, opening a civil investigation into alleged anticompetitive and unfair pharmacy practices. The investigation is the latest in a wave of state and federal actions targeting the vertically integrated business models of the nation’s largest PBMs.