Why Investors Are Taking Legal Action Against Walgreens
The Rosen Law Firm, a globally recognized investor rights firm, is reminding investors of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) about the March 31, 2025 lead plaintiff deadline in a newly filed class action lawsuit. The lawsuit covers individuals and entities that purchased Walgreens common stock between April 2, 2020, and January 16, 2025 (the “Class Period”).
What This Means for Walgreens Investors
If you purchased Walgreens common stock during the Class Period, you may be entitled to compensation without any upfront costs through a contingency fee arrangement. A class action lawsuit has already been filed, and eligible investors can join the case now.
How to Participate in the Walgreens Class Action
To join the lawsuit, investors can visit Rosen Law Firm’s website or contact attorney Phillip Kim, Esq. at 866-767-3653 or via email at case@rosenlegal.com. Those wishing to serve as lead plaintiff must file a motion with the Court by March 31, 2025. The lead plaintiff will represent all class members and play a key role in directing the litigation.
Allegations Against Walgreens
According to the lawsuit, Walgreens and its executives allegedly misled investors by failing to disclose the following:
- Despite claims of improving regulatory compliance, Walgreens continued violating federal laws related to prescription medication dispensation and reimbursement.
- These actions exposed Walgreens to heightened regulatory scrutiny, civil liability, and reputational damage.
- A portion of Walgreens’ revenue from prescription medication sales was derived from unlawful practices, making it unsustainable.
- As a result, public statements made by Walgreens were materially false and misleading, causing significant investor losses when the truth emerged.
Why Rosen Law Firm?
Investors need experienced legal counsel to lead securities class actions effectively. The Rosen Law Firm stands out due to its impressive track record in investor litigation:
- Successfully achieved the largest-ever securities class action settlement against a Chinese company at the time.
- Ranked No. 1 by ISS Securities Class Action Services for securities class action settlements in 2017.
- Recovered hundreds of millions of dollars for investors, including $438 million in 2019 alone.
- Recognized by Lawdragon and Super Lawyers, with founding partner Laurence Rosen named a Titan of Plaintiffs’ Bar by Law360 in 2020.
Walgreens Stock Investors: Take Action Now
With the March 31, 2025, deadline fast approaching, affected investors should act quickly to protect their rights. The outcome of this case could significantly impact those who held Walgreens stock during the alleged misconduct period. Join the lawsuit today and seek the compensation you deserve.
