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VisitHow much will Walgreens' stock price change by the end of 2024 as a result of the settlement?
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Stock market data from financial platforms like Yahoo Finance or Bloomberg
Walgreens to Pay $106.8 Million to Settle DOJ Prescription Billing Fraud Charges
Sep 13, 2024, 07:30 PM
Walgreens Boots Alliance has agreed to pay $106.8 million to resolve allegations that it billed the U.S. government for prescriptions that were never dispensed. The settlement addresses charges brought by the Department of Justice (DOJ) under the False Claims Act. The allegations cover a period between 2009 and 2020, during which Walgreens is accused of improperly billing government health care programs, including Medicare, involving fraudulent activities.
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