NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Walgreens Boots Alliance, Inc. ("Walgreens" or the "Company") (NASDAQ: WBA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Walgreens investors who were adversely affected by alleged securities fraud between April 2, 2020 and January 16, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/walgreens-b ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Walgreens Boots Alliance, Inc. ("Walgreens" or the "Company") (NASDAQ: WBA) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Walgreens investors who were adversely affected by alleged securities fraud between April 2, 2020 and January 16, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/walgreens-boots-al ...

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Walgreens Boots Alliance, Inc. (“Walgreens” or “the Company”) (NASDAQ: WBA) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acqui ...

SAN DIEGO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) common stock between April 2, 2020 and January 16, 2025, both dates inclusive (the “Class Period”), have until March 31, 2025 to seek appointment as lead plaintiff of the Walgreens class action lawsuit. Captioned Klein v. Walgreens Boots Alliance, Inc., No. 25-cv-01058 (N.D. Ill.), the Walgreens class action lawsuit charges Walgreens and certain ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

KEY TAKEAWAYSWalgreens Boots Alliance shares are sinking in premarket trading, as the pharmacy chain suspends quarterly dividends to shore up its finances while it works to turnaround its business.The company said it needs to conserve cash to cope with legal challenges and refinance its debt.Walgreens shares are trading down more than 10% in premarket trading and have lost around half their value in the past year through Thursday. Walgreens Boots Alliance (WBA) shares are sinking in premarket trading, as th ...

A sign sits in front of a Walgreens store on November 10, 2023 in Wheeling, Illinois. (Photo by ... [+] Scott Olson/Getty Images)Getty ImagesWalgreens Boots Alliance is suspending its quarterly cash dividend as the company works to “evaluate and refine its capital allocation policy" to free up cash for debt financing, litigation needs and to fund the company’s “broader long-term turnaround,” the company said.The drugstore giant, which is already in the early stages of closing more than 1,200 stores, announc ...

NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Walgreens Boots Alliance, Inc. ("Walgreens" or the "Company") (NASDAQ: WBA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Walgreens and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On Janua ...

No investor likes it when a potential buyout deal for one of their holdings hits a serious roadblock. This is apparently happening to Walgreens Boots Alliance (WBA -4.46%), according to a media report. So, the market aggressively traded out of the pharmacy chain operator's stock on Monday. It fell by nearly 5% in price, a notably steeper decline than the 1.5% dip of the S&P 500 index on the day.A breakdown in talks?CNBC's David Faber reported live and on-air that unnamed sources told him that a looming arra ...

Core Insights - Walgreens (WBA) faced a challenging year in 2024, but its first-quarter results exceeded expectations, leading to initial optimism for 2025 [2][6] - Despite the positive results, analysts remain cautious, with most maintaining "hold" or "sell" ratings on the stock [6] - A recent lawsuit from the Department of Justice has negatively impacted Walgreens' stock, contributing to a decline of over 9% [2][6] Analyst Ratings - Among eight analysts covering Walgreens, four have issued "hold" ratings, three rated it "sell," and only one gave a "buy" rating, with an average price target of $10.81, slightly below the recent closing price of $11.37 [3] - Jefferies and Deutsche Bank analysts have maintained "hold" ratings, expressing the need for more positive data points before expecting a significant turnaround [4] Business Challenges - Analysts highlighted that despite cost-cutting measures, including the closure of hundreds of underperforming stores, Walgreens' retail pharmacy business is likely to continue facing challenges [5] - The new lawsuit from the DOJ adds regulatory risk to Walgreens' already difficult retail environment, as acknowledged by the CEO during the earnings call [5]