US Sues Walgreens Over Alleged Illegitimate Prescription Practices

WASHINGTON – On Friday, the U.S. Justice Department said it has filed a lawsuit alleging that pharmacy chain operator Walgreens Boots Alliance (NASDAQ: WBA) knowingly filled millions of prescriptions that lacked a legitimate medical purpose.

If found liable, Walgreens, which is one of the country’s largest pharmacy chains with over 8,000 pharmacies across the U.S., could face civil penalties of up to $80,850 for each unlawful prescription, the Justice Department said in a statement.

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NASDAQ: WBA Walgreens Boots Alliance

Edward Cooke

Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.

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