BATON ROUGE, La. — Louisiana Attorney General Liz Murrill announced Thursday she is investigating whether pharmaceutical giant CVS improperly used customers' personal information to send out text messages lobbying against a proposed state law.
Murrill also said she plans to issue a cease-and-desist letter to the company to stop the messages.
As lawmakers debated a now-failed bill on Wednesday they held up screenshots of text messages sent by CVS.
''Last minute legislation in Louisiana threatens to close your CVS Pharmacy — your medication cost may go up and your pharmacist may lose their job,'' one such text, obtained by The Associated Press, read.
Bill would have banned ownership of both drug stores and pharmacy benefit managers
The proposed legislation would have prohibited companies from owning both pharmacy benefit managers and drug stores.
The CVS Health Corporation owns retail pharmacies as well as CVS Caremark, one the country's top three pharmacy benefit managers with a market share of more than 100 million members. CVS Caremark and other managers serve as middlemen purchasing prescription drugs from manufacturers and setting the terms for how they are distributed to customers.
''These powerful middlemen may be profiting by inflating drug costs and squeezing Main Street pharmacies,'' a 2024 Federal Trade Commission report warned.