TransparentRx Announces Resolution of Litigation

Company remains focused on fiduciary pharmacy benefit administration and accountability for plan sponsors

LAS VEGAS, NV, UNITED STATES, August 20, 2026 /EINPresswire.com/ — FiduciaryRx LLC, the company behind TransparentRx, announced that it has reached a confidential settlement with Transparency Rising Corp. (formerly Transparency-Rx Corp.) that resolves the litigation between the parties. The terms of the settlement are confidential and FiduciaryRx will not comment on the agreement.

“We are glad to have this matter resolved so we can keep our attention where it belongs,” said Tyrone Squires, Founder and Managing Director of FiduciaryRx. “Our job is to help employers protect their pharmacy benefit dollars and hold the organizations managing those dollars to a fiduciary standard of care.”

FiduciaryRx will continue investing in its clients and the TransparentRx brand. The company helps self-funded employers control pharmacy benefit costs and strengthen oversight of decisions that affect plan performance and member care.

“Employers should know how their pharmacy benefit dollars are being spent and who benefits from those decisions,” Squires said. “That level of accountability should be the standard. We will keep pushing the industry in that direction.”

About FiduciaryRx

FiduciaryRx LLC is the company behind TransparentRx. It provides fiduciary pharmacy benefit administration for self-funded employers with a focus on transparency and accountability.

Tyrone Squires
TransparentRx
+1 702-803-4154
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