Important Information for Walgreens Boots Alliance, Inc. (WBA) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
On March 13, 2025, Rosen Law Firm, a global investor rights law firm, announced that it has filed a class action lawsuit on behalf of purchasers of common stock of Walgreens Boots Alliance, Inc. (WBA) between April 2, 2020, and January 16, 2025, both dates inclusive (the “Class Period”). The lawsuit alleges that the defendant made false and misleading statements and/or failed to disclose material information during the Class Period.
Allegations Against Walgreens Boots Alliance, Inc.
According to the complaint, the defendants made false and/or misleading statements and/or failed to disclose that:
- Walgreens’ pharmacy sales growth was decelerating
- The company’s cost-cutting efforts were not effective in mitigating the impact of declining sales
- Walgreens was experiencing significant competition from other retailers and online pharmacies
- The company’s cost savings initiatives were not as effective as represented
- The company’s financial statements were not accurately reflecting the true financial condition of the business
Effect on Individual Investors
If you purchased common stock of Walgreens Boots Alliance, Inc. during the Class Period, you may be entitled to compensation. The lead plaintiff deadline for this class action lawsuit is March 31, 2025. If you wish to serve as lead plaintiff, you must meet certain legal requirements. Please contact Rosen Law Firm to discuss your potential recovery. You may also join the class as a class member without serving as a lead plaintiff.
Effect on the World
The allegations against Walgreens Boots Alliance, Inc. raise concerns about the accuracy of financial statements and disclosures of publicly traded companies. This lawsuit is a reminder for investors to carefully consider the information provided by companies and to be aware of potential risks. It also highlights the importance of regulatory oversight and enforcement actions to protect investors and maintain market integrity.
Conclusion
If you purchased common stock of Walgreens Boots Alliance, Inc. between April 2, 2020, and January 16, 2025, and believe that you may have been impacted by the alleged misrepresentations and/or omissions, please contact Rosen Law Firm to discuss your potential recovery. The lead plaintiff deadline for this class action lawsuit is March 31, 2025. This lawsuit underscores the importance of accurate financial reporting and disclosures for publicly traded companies, and the role of investor rights law firms in protecting investors and enforcing securities laws.
