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WBA Deadline: Walgreens Boots Alliance, Inc. Sued for Securities Law Violations - Contact The Rosen Law Firm Before September 10, 2024 to Discuss Your Rights - WBA
WBAWalgreens Boots Alliance(WBA) Prnewswire·2024-09-08 17:15

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Walgreens Boots Alliance, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Walgreens securities is from October 12, 2023, to June 26, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by September 10, 2024, to serve as lead plaintiff [1][4] Group 2: Allegations Against Walgreens - The lawsuit alleges that Walgreens provided overly positive statements regarding its expected revenue for the 2024 fiscal year while concealing material adverse facts about its pharmacy division [3] - It is claimed that Walgreens was not adequately equipped to handle industry challenges and required significant restructuring for a sustainable model [3] - The misleading statements led to investors purchasing securities at artificially inflated prices, resulting in damages when the true information became public [3]