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Walgreen Co. Message Board

  • fuddy_dud fuddy_dud Apr 20, 2012 3:06 PM Flag

    Another downgrade, another law suit settled.

    EVA Dimensions, LLC downgrades WALGREEN CO from OVERWEIGHT to HOLD.

    On April 19, 2012 EVA Dimensions, LLC downgraded WALGREEN CO(WAG) from OVERWEIGHT to HOLD

    Market Chatter: Walgreen Settles with DOJ; Fined $7.9Million,
    A release by the Department of Justice says WAG has agreed to pay $7.9 million to resolve false prescription billing claims.

    According to MarketWatch, the settlement resolves allegations that the drugstore company offered illegal inducements, in the form of $25 gift cards, to beneficiaries of government health care programs when they transferred a prescription from another pharmacy to Walgreen

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