Walgreens Investors Alert: Securities Class Action Lawsuit Announced
NEW YORK, Feb. 21, 2025
Levi & Korsinsky, LLP, a renowned securities litigation firm, has announced the filing of a class action lawsuit against Walgreens Boots Alliance, Inc. (“Walgreens” or the “Company”) (NASDAQ: WBA) on behalf of investors who purchased the Company’s securities between April 2, 2020, and January 16, 2025. The lawsuit alleges that Walgreens and certain of its top executives violated the Securities Exchange Act of 1934 by making materially false and misleading statements regarding the Company’s business, operations, and financial condition.
Alleged Misrepresentations
According to the complaint, the defendants made false and/or misleading statements and/or failed to disclose that:
- Walgreens was experiencing significant operational challenges, including supply chain disruptions and inventory issues;
- The Company’s financial results were negatively impacted by these operational issues;
- The Company’s financial statements did not accurately reflect the true financial condition of the business;
- The Company’s executives were aware of these issues but failed to disclose them to investors;
Effect on Individual Investors
If you invested in Walgreens securities between April 2, 2020, and January 16, 2025, you may be able to recover your losses through this class action lawsuit. The lawsuit seeks to recover damages for Walgreens investors who suffered losses as a result of the defendants’ alleged securities fraud. To learn more about the lawsuit and your potential recovery, you can contact Levi & Korsinsky, LLP by calling 212-363-7500 or submitting the form on their website at
Effect on the World
The filing of this securities class action lawsuit against Walgreens may have implications beyond the Company and its investors. It could lead to increased scrutiny of the retail pharmacy industry and its financial reporting practices. Additionally, it may deter investors from putting their trust and money into companies that have a history of misrepresenting their financial condition to the public.
Conclusion
The announcement of a securities class action lawsuit against Walgreens Boots Alliance, Inc. is a significant development for investors who purchased the Company’s securities between April 2, 2020, and January 16, 2025. The lawsuit alleges that the Company and its executives made materially false and misleading statements regarding the Company’s business, operations, and financial condition. If you are an affected investor, you may be able to recover your losses through this class action lawsuit. For more information, please contact Levi & Korsinsky, LLP at 212-363-7500 or visit their website at
It’s important to remember that this information is for informational purposes only and should not be considered legal advice. If you have any questions or concerns, please consult with a qualified legal professional.
Stay informed and protect your investments. Contact Levi & Korsinsky, LLP today.
