Important Information for Walgreens Boots Alliance, Inc. (WBA) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
NEW YORK, March 19, 2025
Rosen Law Firm, a global investor rights law firm, alerts purchasers of Walgreens Boots Alliance, Inc. (WBA) common stock between April 2, 2020, and January 16, 2025 (the “Class Period”), to the important deadlines in the securities class action lawsuit against the Company. The lawsuit alleges that Walgreens Boots Alliance, Inc. made materially false and/or misleading statements and/or failed to disclose material information during the Class Period.
Background on the Class Action Lawsuit
According to the complaint, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- Walgreens faced significant challenges in its retail business, including declining sales and increased competition.
- The Company’s cost-cutting measures were not effective in addressing these challenges.
- There were significant issues with the integration of the Rite Aid stores that Walgreens had acquired.
As a result of these misrepresentations, Walgreens Boots Alliance, Inc. common stock traded at artificially inflated prices during the Class Period, which harmed investors.
Lead Plaintiff Deadline and How to Participate
If you purchased common stock of Walgreens Boots Alliance, Inc. during the Class Period, you may be entitled to compensation without filing an individual lawsuit. The lead plaintiff deadline is March 31, 2025. To participate in the class action, you must file with the Court no later than this date:
- the documentation required by the Court;
- proof of purchase of Walgreens Boots Alliance, Inc. common stock during the Class Period;
You may also contact the Rosen Law Firm for more information.
Impact on Individual Investors
If you purchased Walgreens Boots Alliance, Inc. common stock during the Class Period, you may have lost significant value due to the false and misleading statements made by the Company. The class action lawsuit can help you recover some of these losses. However, it is essential to act quickly and file your claim before the lead plaintiff deadline.
Impact on the World
The class action lawsuit against Walgreens Boots Alliance, Inc. is an essential step in ensuring that publicly traded companies provide accurate and transparent information to their investors. This case highlights the importance of investors being aware of the risks associated with investing in a company and the potential consequences of misrepresentations by the Company.
Conclusion
Rosen Law Firm encourages investors who purchased Walgreens Boots Alliance, Inc. common stock during the Class Period to contact the firm before the lead plaintiff deadline to learn more about their legal rights and potential compensation. The lawsuit is an essential step in holding the Company accountable for its actions and providing compensation to affected investors.
Additionally, this case serves as a reminder to all investors to carefully research the companies they invest in and to be aware of the risks involved. By staying informed and taking action when necessary, investors can protect themselves and hold companies accountable for their actions.
For more information, please contact:
Laurence Rosen, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Email: [email protected]
Or
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
2025 Century Park East, Suite 2415
Los Angeles, CA 90067
Tel: (310) 914-5000
Email: [email protected]
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