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Walgreens Boots Alliance Shares Fall Amid US DoJ's Lawsuit on Alleged Improper Dispensing of Opioids
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Walgreens Boots Alliance Shares Fall Amid US DoJ's Lawsuit on Alleged Improper Dispensing of Opioids
Jan 21, 2025 9:37 AM

12:22 PM EST, 01/21/2025 (MT Newswires) -- Walgreens Boots Alliance ( WBA ) shares were down more than 12% in recent Tuesday trading as the company faces a lawsuit filed by the US Department of Justice Thursday over the company's alleged improper dispensing of opioids.

"Walgreens filled millions of invalid controlled-substance prescriptions in violation of federal law," according to the lawsuit. In addition, the company allegedly "systematically pressured" pharmacists to quickly fill prescriptions without taking the time needed to verify the prescriptions' legitimacy.

The company also allegedly "knowingly and unlawfully" reimbursed several illegally filled prescriptions under federal health care programs, according to the lawsuit. The DoJ alleged that these practices date back to August 2012.

Walgreens Boots Alliance ( WBA ) did not immediately respond to MT Newswires' request for comment.

Price: 10.96, Change: -1.56, Percent Change: -12.46

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