A proposed settlement (the “Settlement”) has been reached between the parties in two class action lawsuits: 1) Murphy v. CVS Caremark Corporation (“CVS”), et al., Case No. BC 464785 (“Murphy” action), filed in the Superior Court of California, County of Los Angeles; and 2) Ortiz, et al. v. CVS Caremark Corporation, et al., Case No. 3:12-cv-05859 (“Ortiz” action), filed in the U.S. District Court for the Northern District of California.
The Los Angeles Superior Court (“Court”) has preliminarily approved the Settlement in the Murphy action. The Court has also conditionally certified the putative class for purposes of the Settlement only consisting of all nonexempt employees in CVS stores in California from July 5, 2007, through October 3, 2016.
Depending on the actions you take (or don’t take), one of three things will happen: (i) if you timely submit a Claim Form and the Settlement receives final approval from the Court, you will receive a payment and all of your claims covered by this Settlement will be extinguished, and you will forfeit your right to bring or participate in a similar action against CVS; (ii) if you timely file a Request for Exclusion, you will not receive a payment but all your claims will be preserved, even if the Settlement receives final approval from the Court; or (iii) if you do not timely submit a Request for Exclusion or a Claim Form (i.e., you do nothing) and the Settlement receives final approval from the Court, you will not receive a payment, but your claims covered by the Settlement will be extinguished and you will forfeit your right to bring or participate in a similar action against CVS.
January 23, 2017: If you want to receive a share of the settlement proceeds, you must mail your completed Claim Form to the Claims Administrator so that it is postmarked by this date.
January 6, 2017: If you want to be excluded from the settlement, you must mail your exclusion request to the Claims Administrator so that it is postmarked by this date.
January 6, 2017: If you are a member of the class and you do not believe that the proposed settlement is fair, adequate, and reasonable, you must mail your written objection to the Claims Administrator so that it is postmarked by this date.
February 14, 2017: The Court will hold a final approval hearing to determine whether the Settlement should be finally approved as fair, reasonable, and adequate at 8:30 a.m., located at 111 N. Hill Street, Los Angeles, California, 90012.