DEA actions are never minor, I'm just trying to give you a heads up before the dirty laundry is aired in the news.
The DEA must of hit a nerve in its findings.
See my prior post on the Adjudication process...
Walgreens went to the appeals court which possibly means that they were going to be ruled against in the Administrative hearing to distribute Controls from the Florida location.
The DEA has revoked CAH license on this issue and CVS had 2 or 3 retail pharmacy's control licenses suspended.
The problem Walgreens faces is there are several Walgreens Pharmacies identified within a Closed Distribution Channel.
Upping the Stakes for more DEA investigations.
2) Problem is this finding could become a violation of any prior government agreements with Medicare and Medicaid.
And they do have them as CAH and other in this sector.
3) Problem is was this disclosed to SEC in the bond offering to investors, as to any financial impact.
This could get UGLY..
GLTA!!!
Recent WBA News
- Nike Stock Drops 14% in Pre-Market; Nokia Acquires Infinera for $2.3 Billion, and More News • IH Market News • 06/28/2024 10:50:25 AM
- Slump By Micron May Weigh On Wall Street • IH Market News • 06/27/2024 01:09:17 PM
- U.S. Futures Decline Ahead of Key Economic Events, Oil Prices Rise • IH Market News • 06/27/2024 11:06:02 AM
- Walgreens Boots Alliance Reports Fiscal 2024 Third Quarter Results • Business Wire • 06/27/2024 11:00:00 AM
- Walgreens Honors Veterans, Active-Duty Military on Independence Day • Business Wire • 06/20/2024 02:00:00 PM
- Walgreens and KFF’s Greater Than HIV Join with Community Partners to Offer Free HIV and STD Testing at Record Number of Stores on June 27 • Business Wire • 06/11/2024 01:00:00 PM
- Apple Showcases AI at WWDC 2024, Nvidia Stock Split Starts Today, and More News • IH Market News • 06/10/2024 11:29:44 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 10:33:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 10:30:46 PM
- Economic Worries May Lead To Weakness On Wall Street • IH Market News • 06/04/2024 01:10:54 PM
- Walgreens Boots Alliance Schedules Fiscal 2024 Third Quarter Earnings Announcement for June 27 • Business Wire • 06/04/2024 01:00:00 PM
- Walgreens Introduces Summer of Savings • Business Wire • 05/29/2024 01:00:00 PM
- “Walgreens En Tu Comunidad” Fosters Community in Puerto Rico with Health Fair Aimed to Increase Access and Education of Certain Health Services • Business Wire • 05/28/2024 12:00:00 PM
- OpenAI and News Corp Seal Partnership, DuPont de Nemours Announces Division, and More News • IH Market News • 05/23/2024 11:40:51 AM
- Walgreens Boots Alliance Sells Shares of Cencora for $400 Million of Proceeds • Business Wire • 05/22/2024 09:38:00 PM
- Form 13F-HR - Quarterly report filed by institutional managers, Holdings • Edgar (US Regulatory) • 05/15/2024 09:01:03 PM
- Walgreens Brand Naloxone Available Online and In Stores This Month • Business Wire • 05/15/2024 12:00:00 PM
- Walgreens Honors Veterans, Active Duty Military and Their Families with Weekend Discount for Memorial Day Friday, May 24 through Monday, May 27 • Business Wire • 05/14/2024 01:30:00 PM
- Walmart Corporate Job Cuts and Office Centralization, GameStop and AMC Surge, and More News • IH Market News • 05/14/2024 11:26:02 AM
- Walgreens and Boehringer Ingelheim Are Partnering to Improve Diversity in Clinical Trials • Business Wire • 05/02/2024 01:22:00 PM
- ADDING MULTIMEDIA Walgreens and Boehringer Ingelheim Are Partnering to Improve Diversity in Clinical Trials • Business Wire • 05/02/2024 11:29:00 AM
- Walgreens and Boehringer Ingelheim Are Partnering to Improve Diversity in Clinical Trials • Business Wire • 05/02/2024 11:00:00 AM
- Walgreens Boots Alliance Provides Summary Notice of Pending and Proposed Settlement of Shareholder Derivative Action • Business Wire • 05/01/2024 09:30:00 PM
- Walgreens Boots Alliance Declares Quarterly Dividend • Business Wire • 04/25/2024 05:53:00 PM
- BHP Bids $38.8 Billion for Anglo American; Biden Unveils Historic Micron Technology Deal, and More News • IH Market News • 04/25/2024 11:48:40 AM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM