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4 Oct 2023, 6:31 am by Dan Bressler
Walgreens Fight Against its Former Firm Crowell Gets Early Win” — “Walgreens Boots Alliance Inc. earned a victory with an appeals court advancing its claim that a health insurer improperly helped the retailer’s former law firm, Crowell & Moring, break its fiduciary duty. [read post]
31 May 2023, 6:42 am by Dan Bressler
Walgreens fights ‘staggering’ $642 mln arbitration award to Humana” — “National retail pharmacy giant Walgreen Co has asked a U.S. judge to vacate an arbitrator’s award of more than $642 million to Humana Health Plan Inc in a drug-pricing dispute, calling the ‘staggering’ sum the result of a ‘miscarriage of justice.'” “Deerfield, Illinois-based Walgreens, a subsidiary of… [read post]
9 Jan 2023, 9:01 pm by renholding
(now known as Walgreens Boots Alliance Inc.) and investors reached a $105 million settlement for alleged fraudulent conduct in 2014. [read post]
5 Jan 2023, 2:22 pm by Kevin LaCroix
Jeff LubitzJarett SenaIn the following guest post, Jeff Lubitz, Managing Director, ISS Securities Class Action Services, and Jarett Sena, Director of Litigation Analysis, ISS Securities Class Action Services, take a detailed look at the largest securities class action settlements of 2022, and in particular at the largest 10 U.S. securities class action settlements during the year as well as the largest non-U.S. settlements. [read post]
 (Walgreens), a subsidiary of its parent company Walgreens Boots Alliance, Inc., Wednesday, announced that each company reached a preliminary settlement deal totaling approximately $10 billion in order to end thousands of lawsuits related to ongoing opioid-related litigation. [read post]
Walgreens is currently facing a similar lawsuit in San Francisco while its parent company, Walgreens Boots Alliance Inc, recently reached a settlement in Florida where it was also accused of contributing to their opioid crisis. [read post]
9 May 2022, 8:09 am by Dan Bressler
“Crowell loses bid to question ex-Walgreens top lawyer in conflicts case” — “Crowell & Moring has lost a bid to question the former top lawyer at Walgreens Boots Alliance Inc, as the law firm tries to fend off a conflict-of-interest lawsuit brought by the national pharmacy retailer. [read post]
2 Mar 2022, 10:39 am by Race to the Bottom
 Holmes’ ideas skyrocketed to fame, drawing in many large investors, like Oracle founder, Larry Ellison; venture capital firm, Draper Fisher Jurvetson; media mogul, Rupert Murdoch; Walgreens Boots Alliance, Inc. [read post]
1 Feb 2022, 4:47 am by Jaclyn M. Metzinger and Emily Clark
Walgreens Boots Alliance, Inc., et al., the Northern District of California dismissed another pink tax putative class action, albeit on different grounds. [read post]
14 Nov 2021, 9:13 pm by Race to the Bottom
After crafting partnerships with healthcare and consumer giants Walgreens Boots Alliance and Safeway, Inc., Theranos’ valuation skyrocketed to a peak of approximately $10 billion. [read post]
16 Aug 2021, 6:32 am by Robert Kraft
” Excluded from the settlement “are pharmacy operators including Walgreens Boots Alliance, Walmart Inc, Rite Aid Corp and CVS Health Corp, which have been accused of ignoring red flags that opioid drugs were being diverted into illegal channels. [read post]
10 Aug 2021, 6:20 am by Robert Kraft
” Additionally, “Pharmacy operators Walgreens Boots Alliance Inc, CVS Health Corp, Rite Aid Corp, and Walmart Inc agreed to settle with the counties for a combined $26 million. [read post]
1 Apr 2021, 8:44 am by Kristian Soltes
The most recent target is Payoneer Inc., which announced its $3.3-billion SPAC merger last month. [read post]
9 Jan 2020, 11:43 am by luiza
Walgreens — Adam Rahimi and Christopher Schulte will collectively receive a whistleblower award of tens of millions of dollars from the $209.2 million Walgreens Boots Alliance, Inc. paid to resolve allegations it violated the False Claims Act by dispensing insulin pens to patients who did not need them. [read post]
9 Jan 2020, 11:43 am by luiza
Walgreens — Adam Rahimi and Christopher Schulte will collectively receive a whistleblower award of tens of millions of dollars from the $209.2 million Walgreens Boots Alliance, Inc. paid to resolve allegations it violated the False Claims Act by dispensing insulin pens to patients who did not need them. [read post]
10 Sep 2019, 9:29 am by Xi Lucy Shi
” Factual evidence and statistics, such as an unprecedented opioid-related increase in overdose deaths over the last decade, show that the conduct of Purdue Pharma LP, pharmacies such as Walgreens Boots Alliance Inc and drug distributors such as AmerisourceBergen Corp interfered with the right to public safety. [read post]
16 Feb 2019, 7:34 am
The board also added two independent directors: an executive vice-president from Walgreens Boots Alliance, Inc., the nation’s 19th-largest company, and Oracle Corporation’s chair and chief technology officer, who doubles as the world’s 10th-richest man. [read post]
14 Feb 2019, 6:00 am by Meghan A. Adams, K. Tyler O'Connell
  In January 2018, Delaware’s Attorney General filed an action against certain opioid makers and distributors, along with pharmacy chains CVS Health Corp. and Walgreens Boots Alliance Inc. [read post]