Recent News About The Walgreen Company View More
- Federal Court
Class action: Walgreens mismanaged retirement funds, cost workers $300M by investing in underperforming funds
A new class action asserts Walgreens owes tens of thousands of retirees and employees money for allegedly mismanaging their retirement accounts by leaving investments in underperforming funds, costing employees more than $300 million in retirement savings.
A Pennsylvania frozen food manufacturer alleges it was harmed by the costs it incurred in redesigning a product for a retail pharmacy chain that it later canceled.
A multi-state class action complaint filed March 23 in federal court in Chicago accuses Walgreens of fraud, negligent misrepresentation and unjust enrichment in relation with the way it prices prescription drugs.
Quick payoff or material disclosure? 7th Circuit to weigh in on Walgreens shareholder class action deal
A little less than a year after Walgreens and some of its shareholders moved to settle a class action over a lack of disclosures to shareholders who said they were concerned over the company’s merger with European retail pharmacy operator Alliance Boots, objectors to that settlement deal are hoping a federal appeals court will toss out or rewrite the settlement over concerns the deal is little more than a $370,000 payoff to trial lawyers.
A Chicago federal judge has kicked drug retailers Walgreen and Rite Aid from an antitrust lawsuit against the maker of prescription pain killer Opana, saying the retailers must provide hard dollar figures to back up their allegations that the drugmaker improperly paid off another pharmaceutical company to delay the release of the generic version of its pain killer, and keep the price of its name brand drug high.
CHICAGO — A Cook County woman says she suffered injuries from slipping on a snowy sidewalk at a Chicago Walgreens store, allegedly due to the store’s failure to clear the walkway for customer safety.