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Walgreens Boots Alliance, Inc. (NASDAQ: WBA) Securities Fraud Class Action

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COMPANY       Walgreens Boots Alliance, Inc.
COURT United States District Court for the Northern District of Illinois
CASE NUMBER 24-cv-05907
JUDGE The Hon. Joan B. Gottschall
CLASS PERIOD  October 12, 2023 through June 26, 2024
SECURITY TYPE  Securities

Case Background:

This is a class action on behalf of persons or entities who purchased or otherwise acquired Walgreens Boots Alliance, Inc. securities from October 12, 2023 through June 26, 2024, inclusive (the “Class Period”).

The complaint alleges that, throughout the Class Period, Defendants touted the company’s projected revenue outlook and anticipated growth while minimizing risk from seasonality and macroeconomic fluctuations. In truth, however, the complaint alleges that Walgreens’s optimistic reports of growth, cost cutting measures, and overall stability of its pharmacy division were misleading and that the company’s pharmacy division was not equipped to handle the ongoing challenges in its industry and, further, would require significant restructuring to create a sustainable model.

Current Status of Case:

On September 17, 2024, the Court entered an Order appointing Co-Lead Plaintiffs and Approval of the Selection of Counsel. Lead Plaintiff filed a Consolidated Amended Complaint on December 20, 2024.  This action is ongoing. 

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

Complete this form with your transactions in Walgreens Boots Alliance, Inc. securities between October 12, 2023 and June 26, 2024.

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SUBMIT YOUR INFORMATION
* Denotes required field
Date
# of Shares
Price per Share
Date
Principal Amount
Amount Paid
Series or CUSIP
Date
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Walgreens Boots Alliance, Inc. (1) prior to the Class Period?
Are you a current or former employee of Walgreens Boots Alliance, Inc. (1)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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