Defendant Name: Walgreens Boots Alliance, Inc.

Defendant Type: Public Company
SIC Code: 5912
CUSIP: 93142710

Initial Case Details

Legal Case Name In the Matter of Walgreens Boots Alliance, Inc., Gregory D. Wasson and Wade D. Miquelon
First Document Date 28-Sep-2018
Initial Filing Format Administrative Action
File Number 3-18850
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Securities Act
• Sec 17(a)(2)

Resolutions

First Resolution Date 28-Sep-2018
Headline Total Penalty and Disgorgement $34,500,000

Related Documents:

33-10562 28-Sep-2018 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order
On September 28, 2018, the SEC issued an order against Walgreens Boots Alliance, Inc., stating: "This case involves negligent failures by Walgreen Co. ("Walgreens") and its senior leadership to adequately disclose to the market known increases in risk regarding the company's ability to achieve a financial goal."
2018-220 28-Sep-2018 Press Release--Administrative Proceeding
SEC Charges Walgreens and Two Former Executives With Misleading Investors About Forecasted Earnings Goal
The Commission stated: "The Securities and Exchange Commission today charged Walgreens Boots Alliance Inc., former CEO Gregory Wasson, and former CFO Wade Miquelon with misleading investors about increased risk that the company would miss a key financial goal announced when Walgreen Co. entered into a merger with Alliance Boots GmbH in 2012."

Other Defendants in Action:

Gregory D. Wasson
Wade D. Miquelon