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Валгрин Ко. Message Board

  • robbsbeach robbsbeach Nov 15, 2012 2:47 AM Flag

    Walgreens V Holder

    Walgreens v Holder:

    "After they realized the error, Walgreens officials asked the DEA to return the items, but the federal drug agency has not complied, the pharmacy chain said".

    "Walgreens petitioned a Federal Appeals court judge in Virginia to compel DEA to return, sequester or destroy the documents".

    "Court records show a Federal magistrate judge in the Eastern District of Virginia signed an order last week denying Walgreens' motion to compel return of the materials.

    The court found there is no jurisdiction to hear the request and no cause of action to compel DEA to return the documents".

    Now, will anyone of these Investment Bankers today ask the CFO .. Wade. what the Financial impact will be to the Walgreen stock holders, as its Florida Distribution Center will not be allowed to ship Narcotics to its stores along the East Coast..


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