The Law Offices of Frank R. Cruz Announces Investigation of Walgreens Boots Alliance, Inc. (WBA) on Behalf of Investors

Business Wire 17-Jul-2024 5:13 PM

The Law Offices of Frank R. Cruz announces an investigation of Walgreens Boots Alliance, Inc. ("Walgreens" or the "Company") (NASDAQ:WBA) on behalf of investors concerning the Company's possible violations of federal securities laws.

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On June 27, 2024, Walgreen released its third quarter 2024 financial results and reduced its revenue guidance for the fourth quarter and full fiscal year 2024 due to "significant challenges in the U.S. Retail Pharmacy business stemming from a worse-than-expected consumer environment and challenging pharmacy industry trends."

On this news, Walgreen's stock price fell $3.47, or 22.2%, to close at $12.19 per share on June 27, 2024, thereby injuring investors.

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If you purchased Walgreens securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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