On August 8, 2018, Rite Aid announced that the plan had failed to please shareholders and the proposed acquisition would be cancelled. Acquisition of Bartell Drugs In October 2020, Rite Aid announced the acquisition of the privately held Bartell Drugs, a 67-location Seattle-area chain, for $95 million. Some customers have criticized the acquisition with reports of heavy staff turnover and computer system glitches. Finances For the second quarter of 2019, Rite Aid reported basic and diluted earnings of -0.34 per share. This is significantly down from prior quarters' report of .20 per share. Litigation Hall v. Rite Aid Corporation In the employee seating lawsuit (Hall v. Rite Aid Corporation, San Diego County Superior Court), the parties reached a class action settlement for $18 million plus institution of a two-year pilot seating program for front-end checkstands. On September 14, 2018, the Court granted preliminary approval of the settlement. On November 16, 2018, the court granted final approval of the settlement. In re National Prescription Opiate Litigation As reported by Rite Aid, the company is a defendant in the consolidated multidistrict litigation proceeding, In re National Prescription Opiate Litigation, pending in the U.S. District Court for the Northern District of Ohio. Various plaintiffs (such as counties, cities, hospitals, and third-party payors) allege claims concerning the impacts of widespread opioid abuse against defendants along the pharmaceutical supply chain, including manufacturers, wholesale distributors, and retail pharmacy chains. Byron Stafford v. Rite Aid Corp. and Robert Josten v. Rite Aid Corp. As reported by Rite Aid, the company is involved in two consumer class action lawsuits in the United States District Court for the Southern District of California, alleging that it has overcharged customers' insurance companies for prescription drug purchases, resulting in overpayment of co-pays. References External links Rite Aid Official website Pharmacies of the United States Companies based in Cumberland County, Pennsylvania Companies based in Philadelphia American companies established in 1962 Retail companies established in 1962 Health care companies established in 1962 1962 establishments in Pennsylvania Companies listed on the New York Stock Exchange Health care companies based in Pennsylvania 1960s initial public offerings