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State: 17.08.2024 | 11PM
Tue, 27.08.2024       Walgreens Boots Alliance
US9314271084

LOS ANGELES, Aug. 27, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Walgreens Boots Alliance, Inc. ("Walgreens" or the "Company") (NASDAQ: WBA).

Class Period: October 12, 2023 – June 26, 2024

Lead Plaintiff Deadline: September 10, 2024

If you are a shareholder who suffered a loss, click here to participate.

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the Company's pharmacy division was not equipped to handle the ongoing challenges in its industry and would require significant restructuring to create a sustainable model; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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