Walgreens Agrees To $100 Million Settlement Over Alleged Deceptive Pricing Of Generic Drugs [Yahoo! Finance]
Walgreens Boots Alliance, Inc. (WBA)
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am
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Source: Yahoo! Finance
The plaintiffs alleged that the retail pharmacy engaged in deceptive pricing practices through its Prescription Savings Club (PSC)—a program offering discounted prices on generic drugs for customers who pay without insurance. Also Read: Walgreens Boots Alliance Analysts Expect Strategic Plans Will Boost Investor Confidence In 2025 Plaintiffs claim these practices led Walgreens to inflate the “usual and customary” (U&C) prices reported to health insurers and third-party payors, resulting in customers overpaying for generic drugs. Reuters noted that Walgreens has agreed to pay $100 million to settle a proposed class action lawsuit. Reuters cited a Walgreens spokesperson and noted that the company accepts no liability and maintains that these claims are without merit. Walgreens introduced its Prescription Savings Club (PSC) in 2007, offering over 500 commonly prescribed generic medications at reduced prices: $5, $10, or $15 for 30-day supplies, and $10, $20, or $30 for 90-day
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News
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- We're concerned RFK is a ‘clear and present danger' to healthcare, says Walgreen's John Driscoll [CNBC]CNBC
- Walgreens (WBA) Down 18.4% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- Monte Carlo Announces New GenAI Capabilities to Streamline Data Quality Management at Enterprise Scale [Yahoo! Finance]Yahoo! Finance
WBA
Earnings
- 10/15/24 - Beat
WBA
Sec Filings
- 11/14/24 - Form 13F-HR
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- WBA's page on the SEC website