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Walgreens Boots Alliance settles case with SEC

Sep. 28, 2018 10:24 AM ETWalgreens Boots Alliance, Inc. (WBA) StockBy: Clark Schultz, SA News Editor1 Comment
  • Walgreen Boots Alliance (NASDAQ:WBA) announces that it struck a deal with the SEC to fully resolve an investigation into forward-looking financial goals and related disclosures.
  • The disclosures by the company and top execs at issue were made prior to the merger with Alliance Boots.
  • The company says the settlement does not involve any of Walgreens Boots Alliance’s current officers or executives, nor does it allege that anyone acted intentionally or recklessly at any time.
  • Walgreens will pay a penalty of $34.5M as part of the settlement.
  • Source: Press Release

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