Walgreens, COVID-19

Walgreens ordered to pay $987 million in COVID-19 test contract case
Retail pharmacy giant Walgreen Co must pay more than $987 million to satisfy an arbitration award won by telemedicine provider PWNHealth, a federal judge in Delaware ruled on Monday.
Walgreens ordered to pay nearly $1B to virtual care provider in COVID-19 test contract case
Walgreens must pay more than $987 million as part of an arbitration award won by a virtual care company, a federal judge ruled Monday. | Walgreens said it is closely evaluating its legal rights and options to challenge both the award and the amount of damages on appeal.
Walgreens must pay $988M arbitration award, federal judge rules
Walgreens (WBA) faces a $988M penalty after a court ruling in its legal battle with PWNHealth over an alleged contract breach. Read more here.
Judge orders Walgreens to pay nearly $1 billion in COVID test case
In 2024, the arbitrator issued a $988 million award to PWNHealth. Walgreens disputed the alleged claims and the amount of the award because it was in “contravention of a contractual cap on damages in the agreement, which limits damages to $79 million,” Walgreens said in a filing with the U.S. Securities & Exchange Commission.
Walgreens must pay $987 million arbitration award to virtual care company, judge rules
Walgreen Co. must pay a $987 million arbitration award to a company it contracted with to help order COVID-19 tests for patients, a federal judge ruled Monday. At the beginning of the COVID-19 pandemic,
Walgreens to permanently close 5 LA-area stores — as it shutters 1,200 nationwide
Walgreens is set to close five locations across Los Angeles and Orange counties in the coming weeks — a move that could ...
Why Walgreens' Dividend Suspension Shouldn't Come as a Surprise to Investors
Walgreens Boots Alliance (NASDAQ: WBA) faces an uncertain path ahead. Its financials haven't been strong in recent years, and ...
Why is Walgreens at Harry and Broadway closing, and what will happen to prescriptions?
The Walgreens at Harry and Broadway is closing as of March 24, a representative for the Illinois company said in an e-mailed statement. “It is never an easy decision to close a store,” the statement ...
Status Update: Walgreens shuttering 3 Orange County stores
Walgreens is closing three stores in Orange County and another two in Los Angeles County by March. At least 93 people could ...
Walgreens Boots Alliance: Larger Structural Problems Remain
Walgreens-Boots Alliance struggles with margin compression, competition, and financial risks. Learn why these challenges make ...
To Pay Down Debt, Walgreens Sells More Cencora Shares For $300 Million
Walgreens has sold more shares of drug distributor Cencora for proceeds of about $300 million in the latest effort to pay ...
Walgreens closing stores in Whittier, downtown L.A.
Walgreens is closing two stores in Los Angeles County and another three in Orange County. The stores include a location in ...
Walgreens closing metro area location
CVS closed its Leeds location at 7596 Parkway Drive Southeast in fall 2024. According to a CVS spokesperson, those impacted ...
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Advocate Health Pulls Out of Walgreens Clinic Locations in Illinois and Wisconsin
Advocate Health last week closed its 55 clinics inside Walgreens stores in Illinois and Wisconsin. Each of the 47 clinics in ...