Deadline Approaching for Walgreens Boots Alliance, Inc. (NASDAQ: WBA) Shareholders Lawsuit – Contact Shareholders Foundation by September 10, 2024

Investors in Walgreens Boots Alliance, Inc. (NASDAQ: WBA) are facing a critical deadline on September 10, 2024, in a lawsuit that was filed for certain investors who purchased shares of the company. The lawsuit stems from a significant decline in the company’s stock price, which dropped from over $30 per share in August 2023 to as low as $10.69 per share on July 9, 2024.

The lawsuit alleges that Walgreens Boots Alliance, Inc. made materially false and misleading statements, leading to an artificial inflation of the stock price between October 12, 2023, and June 26, 2024. The company’s third-quarter financial results in 2024 revealed a lower revenue guidance for the fourth quarter and full fiscal year, citing challenges in the U.S. Retail Pharmacy business.

Investors who purchased shares in excess of $100,000 between the specified dates have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554. The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides information related to shareholder issues and securities class actions.

This news highlights the importance of staying informed about legal developments in the stock market and taking appropriate action to protect investments. Investors in Walgreens Boots Alliance, Inc. (NASDAQ: WBA) should act promptly to ensure they do not miss the upcoming deadline in the lawsuit.