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Walgreens Stock Stumbles Amid Legal Challenges, Throwing Cold Water on Hopes for a Rebound
Investopedia· 2025-01-22 01:35
Key TakeawaysAfter a tough year for Walgreens investors in 2024, shares may have appeared poised to start 2025 on strong note after the company's first-quarter results topped expectations.However, analysts have remained cautious, mostly keeping "hold" or "sell" ratings on the pharmacy retailer's stock.A lawsuit filed late last week by the Department of Justice sent shares lower Tuesday, adding to the company's challenges. After a tough year for Walgreens (WBA) investors in 2024, shares may have appeared poi ...
WBA Investor News: Rosen Law Firm Encourages Walgreens Boots Alliance, Inc. Investors to Inquire About Securities Class Action Investigation - WBA
Prnewswire· 2025-01-22 01:00
NEW YORK, Jan. 21, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) resulting from allegations that Walgreens may have issued materially misleading business information to the investing public.So What: If you purchased Walgreens securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...
S&P 500 Gains and Losses Today: Walgreens Stock Plummets as DOJ Files Lawsuit
Investopedia· 2025-01-21 22:30
Key TakeawaysThe S&P 500 added 0.9% on Tuesday, Jan. 21, the first day of trading following President Donald Trump's return to the White House.Oracle stock surged following reports that the software giant would participate in a massive joint venture to build out AI infrastructure in the U.S.Walgreens shares plunged as the Justice Department filed a lawsuit claiming the pharmacy chain had dispensed prescriptions with no legitimate medical basis. Major U.S. equities indexes advanced as the markets kicked off ...
Walgreens Stock Tumbles on DOJ Lawsuit Over 'Millions' of Alleged Illegal Prescriptions
Investopedia· 2025-01-21 17:25
Key TakeawaysWalgreens Boots Alliance shares tumbled Tuesday after Department of Justice allegations that its pharmacies dispensed prescriptions with no legitimate medical reasoning.The DOJ filed a lawsuit late last week accusing the pharmacy of handing out "millions of unlawful prescriptions" for dangerous opioids, among other drugs.Walgreens said the government is trying to put its pharmacists in a "no-win situation." Walgreens Boots Alliance (WBA) shares sank Tuesday, the first day of trading since the D ...
Why Walgreens Boots Alliance Stock Was Sliding Today
The Motley Fool· 2025-01-21 16:24
Shares of Walgreens Boots Alliance (WBA -13.61%) pulled back today after the company again ran into trouble with regulators.On Friday, the Department of Justice (DOJ) filed a lawsuit against Walgreens, alleging that it dispensed "millions of unlawful prescriptions."As of 10:26 a.m. ET, the stock was down 12.7% on the news. Walgreens gets another red flagWalgreens already made a multibillion-dollar settlement over opioid prescriptions two years ago. It agreed to pay $5.7 billion over 15 years, and now it cou ...
Justice Department Accuses Walgreens Of Violating Drug Laws In Opioid Epidemic, Ignored Red Flags In Opioid Crisis
Benzinga· 2025-01-21 16:23
Last week, the U.S. Department of Justice filed a civil complaint against Walgreens Boots Alliance Inc WBA and its subsidiaries, alleging widespread violations of the Controlled Substances Act (CSA) and False Claims Act (FCA).In a statement, Walgreens said, “We are asking the court to clarify the responsibilities of pharmacies and pharmacists and to protect against the government’s attempt to enforce arbitrary “rules” that do not appear in any law or regulation and never went through any official rulemaking ...
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Walgreens Boots Alliance, Inc. (WBA) and Encourages Stockholders to Learn More About the Investigation
ACCESSWIRE Newsroom· 2025-01-21 15:00
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Walgreens Boots Alliance, Inc. (WBA) and Encourages Stockholders to Learn More About the Investigation ...
Bronstein, Gewirtz & Grossman, LLC Encourages Walgreens Boots Alliance, Inc. (WBA) Investors to Inquire about Securities Investigation
ACCESSWIRE Newsroom· 2025-01-20 16:45
Bronstein, Gewirtz & Grossman, LLC Encourages Walgreens Boots Alliance, Inc. (WBA) Investors to Inquire about Securities Investigation ...
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Walgreens Boots Alliance, Inc. Investors to Inquire About Securities Class Action Investigation - WBA
ACCESSWIRE Newsroom· 2025-01-20 14:00
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Walgreens Boots Alliance, Inc. Investors to Inquire About Securities Class Action Investigation - WBA ...
Walgreens set for hammering after unlawful opioid allegations
Proactiveinvestors NA· 2025-01-20 12:28
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...