Walgreens (
WBA, Financial) has reached a settlement agreement with the United States to pay $300 million, addressing allegations connected to the False Claims Act. This amount includes a restitution fee of $150 million. Additionally, Walgreens will incur interest at an annual rate of 4.00%, which will be applied starting from October 20, 2024.
This settlement resolves the allegations without Walgreens admitting any liability or the United States conceding the validity of its claims, as stated in a recent court filing. The agreement underscores the ongoing efforts to address compliance issues related to the government’s False Claims Act enforcement.
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CHICAGO (WLS) -- Walgreens has agreed to pay up to $350 million for illegally filling unlawful opioid prescriptions and submitting false claims, the U.S. Attorney's Office for the Northern Distric...