Walgreens Boots Alliance(US:WBA) Prnewswireยท2025-02-10 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] Allegations - The complaint alleges that Walgreens violated federal laws related to the dispensation of prescription medication and reimbursement, despite claiming a commitment to regulatory compliance [1] - It is claimed that the company's conduct would lead to increased regulatory scrutiny, civil liability, and reputational damage [1] - The revenues from prescription medication sales are said to be unsustainable due to their reliance on unlawful practices [1] - As a result, Walgreens' public statements during the class period are characterized as materially false and misleading [1] Next Steps for Shareholders - Shareholders who purchased WBA shares during the specified timeframe are encouraged to register for the class action by March 31, 2025, to potentially become lead plaintiffs [2] - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2] About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflate stock prices [3]