Levi & Korsinsky Urges Investors in Walgreens - Act Before Deadline
Levi & Korsinsky's Alert to Walgreens Investors Regarding Class Action
In an important notification for shareholders, Levi & Korsinsky, LLP has reached out to investors of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) regarding a significant class action securities lawsuit. This legal action aims to address potential losses experienced by investors due to alleged fraudulent activities within the company. If you're a Walgreens investor, you need to pay attention to the details about this case.
Understanding the Class Action Lawsuit
CLASS DEFINITION: This class action lawsuit seeks to recuperate financial losses for investors adversely impacted by the alleged securities fraud that occurred between October 12, 2023 and June 26, 2024. The case targets those who have suffered in connection with these fraudulent activities. For detailed information or to discuss your eligibility, interested parties can reach out to the legal team.
How to Get Involved
If you have been affected, ensure that you follow the provided link for further details about submitting your participation request:
https://zlk.com/pslra-1/walgreens-boots-alliance-inc-lawsuit-submission-form?prid=99044&wire=4
Get in Touch with Legal Experts
Investors may also reach out to Joseph E. Levi, Esq. by email at [email protected] or call (212) 363-7500 for further assistance.
What Happened with Walgreens?
CASE DETAILS: The lawsuit stems from an announcement made by Walgreens on June 27, 2024. The company revealed poor financial performance for the third quarter of 2024, leading to a significant reduction in their revenue guidance for the remainder of the fiscal year. The decline in financial outlook was attributed to ongoing difficulties within the U.S. Retail Pharmacy sector, compounded by an unexpectedly challenging consumer landscape. Following this bombshell announcement, Walgreens' stock plummeted by over 20%, marking a drastic shift from its prior closing price of $15.65 per share.
Important Next Steps for Investors
If you've experienced losses during this period, it is crucial to act swiftly. You have until September 10, 2024 to petition the Court to be acknowledged as a lead plaintiff. It's vital to note that even if you don't take on this role, you may still possess the right to benefit from any potential recovery.
No Financial Risks Involved
Participation in this class action entails no financial cost for class members. Those who qualify may receive compensation without bearing any expenses. There are no hidden fees or obligations associated with involvement.
Why Choose Levi & Korsinsky?
Levi & Korsinsky has a distinguished track record spanning over two decades, successfully securing substantial compensation for affected shareholders in numerous complex securities cases. Their dedicated team of over 70 professionals is committed to representing the interests of investors. They have consistently ranked as one of the leading securities litigation firms in the nation, as highlighted in the ISS Securities Class Action Services' Top 50 Report for several consecutive years.
Contact Information
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
Frequently Asked Questions
What is the purpose of the class action lawsuit?
The lawsuit is intended to recover losses for Walgreens investors affected by the alleged securities fraud during the specified period.
Who can participate in the lawsuit?
Any investor who experienced losses in Walgreens shares during the relevant timeframe is eligible to participate.
What steps do I need to take to be involved?
Investors need to follow the provided link or contact the legal team to request participation as lead plaintiff before the deadline.
Will it cost me anything to participate?
No, there are no costs or fees for class members to participate in the lawsuit.
Why should I choose Levi & Korsinsky?
Levi & Korsinsky has a proven history of successfully representing investors and extensive experience in securities litigation.
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