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Violation Tracker Individual Record

Company: Walgreens Boots Alliance Inc.
Current Parent Company: Walgreens Boots Alliance
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $34,500,000
Year: 2018
Date: September 28, 2018
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Walgreens Boots Alliance Inc. agreed to settle allegations that it misled investors about increased risk that the company would miss a key financial goal announced when Walgreen entered into a merger with Alliance Boots GmbH in 2012.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.