COVID-19, Walgreens

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 ordered to pay $987M in COVID-19 testing dispute
A federal judge ruled that Walgreens must pay $987 million to the virtual care company PWNHealth, upholding an arbitration award following a breach-of-contract dispute.
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.
Walgreens must pay $988M arbitration award, federal judge rules
Walgreens Boots Alliance (NASDAQ:WBA) suffered a setback in its legal dispute with PWNHealth after a federal court in Delaware ordered it to pay $988M to the telehealth company as an arbitration award for an alleged contract breach.

Walgreens to permanently close 5 LA-area stores

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Walgreens is shutting Central Square location March 27, with its shelves going empty quickly
The Walgreens in Cambridge’s Central Square is one of 1,200 the chain is closing nationwide. Signs posted at the store ...
Walgreens Boots Alliance Inc. stock underperforms Monday when compared to competitors
Walgreens Boots Alliance Inc. closed 56.58% short of its 52-week high of $22.96, which the company reached on February 12th.