Walgreens Boots to Pay $34.5 Million Penalty in SEC Settlement - News Summed Up

Walgreens Boots to Pay $34.5 Million Penalty in SEC Settlement


Walgreens Boots Alliance Inc. has agreed to pay $34.5 million as part of a settlement with the Securities and Exchange Commission over allegations that the company and two former executives misled investors. The SEC said it charged Gregory Wasson and Wade Miquelon, the company’s former chief executive and chief financial officer, with misleading investors regarding whether the company the giant drugstore chain would hit a financial target in 2016.


Source: Wall Street Journal September 28, 2018 14:43 UTC



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