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Investors who lost money on Walgreens Boots Alliance, Inc. (WBA) should contact The Gross Law Firm about pending Class Action - WBA
WBAWalgreens Boots Alliance(WBA) GlobeNewswire News Room·2025-03-26 14:58

Core Viewpoint - Walgreens Boots Alliance, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its compliance with federal laws related to prescription medication [3][4]. Summary by Relevant Sections Allegations - The lawsuit claims that during the class period from April 2, 2020, to January 16, 2025, Walgreens engaged in widespread violations of federal law concerning the dispensation of prescription medication and reimbursement [3]. - It is alleged that Walgreens' revenues from prescription medication sales were unsustainable as they were derived from unlawful conduct, which could lead to increased regulatory scrutiny, civil liability, and reputational harm [3]. Class Action Details - Shareholders who purchased WBA shares during the specified class period are encouraged to register for the class action, with a deadline set for March 31, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].