Walgreens Boots Alliance(US:WBA) Prnewswireยท2025-02-06 10:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Walgreens Boots Alliance, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from April 2, 2020, to January 16, 2025 [1] Group 1: Allegations Against Walgreens - The complaint alleges that Walgreens continued to engage in widespread violations of federal law related to the dispensation of prescription medication despite claiming a commitment to improved regulatory compliance [1] - It is claimed that the conduct of Walgreens would lead to increased regulatory scrutiny, civil liability, and reputational harm when revealed [1] - The lawsuit asserts that Walgreens' revenues from prescription medication sales were unsustainable due to their unlawful conduct, making the company's public statements materially false and misleading [1] Group 2: Class Action Details - Shareholders who purchased shares of Walgreens during the specified class period are encouraged to register for the class action, with a deadline set for March 31, 2025 [2] - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's status [2] - There is no cost or obligation for shareholders to participate in the case [2] Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]