Walgreens, COVID-19 testing

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.
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 ordered to pay $987M in COVID-19 testing dispute
At the beginning of the COVID-19 pandemic, Walgreens partnered with PWNHealth to facilitate physician-ordered COVID-19 tests for customers. However, when regulations shifted, Walgreens allegedly began to use its own pharmacists to order tests through the same system without consulting with PWNHealth,
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 Edges Closer To Selling Stake In Clinic Operator VillageMD
Walgreens is getting closer to selling its stake in doctor-staffed clinic operator VillageMD, which has already cost the ...
Walgreens robbed of drugs at gunpoint in Rochester: Police seek suspect
Rochester police are asking for the public's help to identify a man involved in an armed robbery at Walgreens pharmacy.
Walgreens to permanently close 5 LA-area stores — as it shutters 1,200 nationwide
Walgreens is set to close five locations across Los Angeles and Orange counties in the coming weeks as the struggling ...
Shocking video: Brazen Walgreens thief steals Valentine’s Day teddy bears, beer
KRON4 captured shocking video of a brazen robbery at a Walgreens in San Francisco. The incident took place Thursday at the ...
'The vid looks so bad' | Former Walgreens store manager pleads guilty to helping plan robberies and playing victim
London Teeter, 21, was arrested in February 2024, along with three other people after months of repeated robberies at the ...
Walgreens’ VillageMD Taps Advisers as Backer Pursues Exit Plan
VillageMD, the health care clinic chain backed by Walgreens Boots Alliance Inc., is working with Evercore Inc. for assistance ...
Why Walgreens' Dividend Suspension Shouldn't Come as a Surprise to Investors
Walgreens Boots Alliance (NASDAQ: WBA) faces an uncertain path ahead. Shares of the pharmacy retailer haven't been this low ...
Walgreens Boots Alliance: Larger Structural Problems Remain
Walgreens-Boots Alliance struggles with margin compression, competition, and financial risks. Learn why these challenges make ...
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VillageMD taps advisers as Walgreens pursues exit plan
Walgreens Chief Executive Officer Tim Wentworth reiterated on an earnings call last month that the company plans to divest ...
Former Walgreens CEO makes donation, creates scholarship at Morehouse College
Morehouse College announced it has received a $5 million donation from retired Walgreens CEO L. Daniel Jorndt. The funding ...