Shareholders that lost money on Walgreens Boots Alliance, Inc.(WBA) should contact The Gross Law Firm about pending Class Action - WBA

1. Walgreens faces allegations of false statements regarding regulatory compliance. 2. Concerns over unlawful conduct impacting revenue from prescription sales. 3. Class action aims to address potential investor losses between 2020-2025. 4. Shareholders encouraged to register for lead plaintiff opportunities. 5. Deadline for lead plaintiff requests is March 31, 2025.

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FAQ

Why Very Bearish?

The allegations highlight serious compliance issues and potential regulatory scrutiny, which could significantly harm WBA's reputation and financial stability, reminiscent of past cases where similar allegations led to sharp stock declines, such as with other pharmaceutical companies involved in legal scrutiny.

How important is it?

The class action lawsuit indicates significant potential financial implications for WBA, given the serious nature of the allegations which can substantially influence market perception and investor decisions.

Why Long Term?

The implications of regulatory scrutiny and the resulting reputational damage could affect WBA's business operations and investor confidence over an extended period, impacting fundamentals beyond immediate trading periods.

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Notice to Shareholders of Walgreens Boots Alliance, Inc.

NEW YORK, March 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Walgreens Boots Alliance, Inc. (NASDAQ: WBA).

Shareholders who purchased shares of WBA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE: https://securitiesclasslaw.com/securities/walgreens-boots-alliance-inc-loss-submission-form-2/?id=134045&from=4

CLASS PERIOD

April 2, 2020 to January 16, 2025

ALLEGATIONS

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) contrary to the Company's purported commitment to improved regulatory compliance, Walgreens continued to engage in widespread violations of federal law governing the dispensation of prescription medication and reimbursement for the same; (ii) the foregoing conduct, when revealed, would subject Walgreens to a heightened risk of further regulatory scrutiny, civil liability, and reputational harm; (iii) Walgreens' revenues from the sale of prescription medications were unsustainable to the extent that they derived from unlawful conduct; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

DEADLINE

March 31, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/walgreens-boots-alliance-inc-loss-submission-form-2/?id=134045&from=4

NEXT STEPS FOR SHAREHOLDERS

Once you register as a shareholder who purchased shares of WBA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 31, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm