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

1. Walgreens faces a DOJ lawsuit over unlawful prescription practices. 2. The lawsuit claims Walgreens filled millions of invalid prescriptions since 2012. 3. Walgreens pressured pharmacists to dispense without verifying prescription validity. 4. Allegations include dispensing significant amounts of opioid pills illegally. 5. The lawsuit aims to hold Walgreens accountable for opioid distribution failures.

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FAQ

Why Very Bearish?

Legal challenges, especially from the DOJ, can harm investor confidence. Past examples show lawsuits can drastically affect stock prices.

How important is it?

The DOJ lawsuit directly targets Walgreens' core operations and legality, heavily impacting stock value.

Why Long Term?

Legal outcomes can take years, and reputational damage may persist. Ongoing scrutiny can lead to long-lasting investor caution.

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