U.S. Announces Walgreens To Pay $106.8M To Settle Allegations Of Billing Government For Undispensed Prescriptions
Portfolio Pulse from Benzinga Newsdesk
Walgreens has agreed to pay $106.8 million to settle allegations of billing the U.S. government for prescriptions that were not dispensed. This settlement addresses claims related to improper billing practices.
September 13, 2024 | 6:56 pm
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Walgreens Boots Alliance (WBA) will pay $106.8 million to resolve allegations of billing the U.S. government for prescriptions that were not dispensed. This settlement may impact the company's financials and investor perception.
The settlement of $106.8 million is a significant financial outlay for Walgreens, which could affect its short-term financial performance and investor sentiment. Legal issues can also impact the company's reputation, potentially influencing stock prices negatively.
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