- 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