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WBA Walgreens Boots Alliance Inc

17.77
0.24 (1.37%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walgreens Boots Alliance Inc NASDAQ:WBA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.24 1.37% 17.77 17.76 17.78 18.01 17.68 17.74 7,528,624 00:59:53

WALGREEN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Exce...

30/05/2015 3:00am

Business Wire


Walgreens Boots Alliance (NASDAQ:WBA)
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Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 9, 2015 to file lead plaintiff applications in a securities class action lawsuit against Walgreen Co. (now trading as NasdaqGS: WBA) if they purchased the Company’s securities between the expanded period of March 25, 2014 and August 5, 2014, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Illinois.

What You May Do

If you purchased shares of Walgreen and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 9, 2015.

About the Lawsuit

Walgreen and certain of its executives are charged with failing to disclose material information regarding Walgreen’ business and prospects, including the purported benefits of Walgreen’s strategic partnership with Alliance Boots GmbH. during the Class Period, violating federal securities laws.

On August 4, 2014, Walgreen announced that the Company’s Chief Financial Officer would be resigning. Then, on August 6, 2014, defendants lowered its fiscal year 2016 EBIT target to $7.2 billion, $1.8 billion to $2.3 billion below the range that the Company had previously announced to investors.

On this news, the price of Walgreen’s shares plummeted by over 14%.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.

Kahn Swick & Foti, LLCLewis Kahn, 1-877-515-1850Managing Partnerlewis.kahn@ksfcounsel.com

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