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DOJ sues Walgreens for 'knowingly' filling millions of prescriptions that lacked legit medical purposes

1. Walgreens sued by DOJ for unlawful prescription dispensing. 2. Allegedly filled millions of prescriptions lacking medical legitimacy. 3. Company pressured pharmacists to fill potentially illegal prescriptions. 4. The lawsuit highlights systemic issues in Walgreens’ prescription practices. 5. Impacts Walgreens’ reputation and financial standing amid opioid crisis.

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FAQ

Why Very Bearish?

Legal troubles can significantly harm Walgreens’ public image and sales. Past lawsuits against pharma companies have resulted in severe stock declines.

How important is it?

The lawsuit directly impacts Walgreens' core pharmacy operations and liability. Legal actions involving opioids are particularly sensitive and can trigger investor concerns.

Why Long Term?

Ongoing legal issues can lead to sustained reputational damage. Similar cases in the industry have hindered growth for years.

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