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November 2002
Federal Trade Commission Investigating Rite
Aid for Privacy Violations
Washington, D.C. The Federal Trade Commission is hot on the trail of Rite Aid Corp. for alleged advertising and privacy violations, according to a quarterly filing submitted by Rite Aid to the Securities and Exchange Commission Oct. 15.
The FTC, while admitting that the drug company was being investigated, did not comment on the nature of the alleged violations. But according to the Los Angeles Times, the FTC will investigate whether the company has violated consumer privacy rules related to its prescription refill reminder service.
In its SEC filing, Rite Aid said it has not been accused of wrongdoing and added that the company is cooperating fully with the FTC, noting that the investigation is in its preliminary stages and we cannot predict the outcome at this time.
Source: HIPAA Newswire
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