Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits - ABC News
By A Mystery Man Writer
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Rite Aid filed for Chapter 11 bankruptcy protection on Sunday and announced a new CEO as it takes on financial restructuring, legal complaints.
The drugstore chain operates over 2,100 locations across 17 states.
The company, which reportedly has billions of dollars in debt and is facing more than 1,000 lawsuits claiming it filled illegal prescriptions for painkillers, will close hundreds of stores.
The drugstore chain operates over 2,100 locations across 17 states.
The company, which reportedly has billions of dollars in debt and is facing more than 1,000 lawsuits claiming it filled illegal prescriptions for painkillers, will close hundreds of stores.
Drug Retailer Rite Aid Files for Bankruptcy Protection
Rite Aid files for bankruptcy amid opioid lawsuits and falling sales
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Rite Aid files for bankruptcy, announces financial restructuring plans amid opioid complaints, lawsuits - ABC News
Rite Aid is closing nearly 100 stores, with more to follow, as part of its bankruptcy. See the list
Rite Aid files for bankruptcy amid opioid lawsuits: What we know
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