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Walgreens Agrees To $350 Million Prescription Payment In Latest Deal [Forbes]

Walgreens Boots Alliance, Inc. (WBA)  More Company Research Source: Forbes
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Department of Justice, which had lodged a claim over the issuing of millions of prescriptions during the past decade for opioids and other controlled substances. Under the terms of the agreement, the drugstore chain will pay the government at least $300 million and will have to pay another $50 million if the company is sold, merged, or transferred before 2032. The government's complaint alleged that Walgreens knowingly filled millions of illegal prescriptions for controlled substances over the period August 2012 thru March 2023, including prescriptions for excessive opioids and prescriptions filled significantly early. It said that Walgreens pharmacists filled these prescriptions despite “clear red flags” that the prescriptions were highly likely to be invalid, then allegedly sought payment for many of the invalid prescriptions through Medicare and other federal healthcare programs in violation of the False Claims Act, according to the government. In a statement a Walgreens sp [Read more]
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Stockreport

Walgreens Agrees To $350 Million Prescription Payment In Latest Deal [Forbes]

Walgreens Boots Alliance, Inc.  (WBA) 
More Company Research Source: Forbes
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Department of Justice, which had lodged a claim over the issuing of millions of prescriptions during the past decade for opioids and other controlled substances. Under the terms of the agreement, the drugstore chain will pay the government at least $300 million and will have to pay another $50 million if the company is sold, merged, or transferred before 2032. The government's complaint alleged that Walgreens knowingly filled millions of illegal prescriptions for controlled substances over the period August 2012 thru March 2023, including prescriptions for excessive opioids and prescriptions filled significantly early. It said that Walgreens pharmacists filled these prescriptions despite “clear red flags” that the prescriptions were highly likely to be invalid, then allegedly sought payment for many of the invalid prescriptions through Medicare and other federal healthcare programs in violation of the False Claims Act, according to the government. In a statement a Walgreens sp [Read more]
IMPACT SNAPSHOT
EVENT TIME:
WBA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS