Walgreens Boots Alliance Inc (WBA)

[Robbay]

I was referring to the stamped court documents Miquelon filed with the court is online.

One of the more serious charges filed In this document was that Walgreens CEO released non-public insider information during a one on one meeting with a large investor, violating the SEC Fair Disclosure rule with a Walgreens senior attorney being informed and doing no SEC follow-up after the disclosure.

Like I said, this could be a very disruptive factor with several large Investment houses should this go to a jury trial as requested by Miquelon, followed by SEC investigation and lawsuits by investors.

As I also hold no significant position in Walgreens either, I do believe this company will be played by the Long/Short investors who strip mine assets valuations.
These corporate equity withdrawals are done a variety of ways including increased share buybacks as well as in the credit markets.

There maybe a future buying opportunity after this is cleaned up.. and some spin-offs occur, however at this S/P level I don't see it..

GLTA!!