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Walgreens Boots Alliance (WBA) has shared an update.
A shareholder derivative suit involving Walgreens Boots Alliance, Inc. has taken a significant step towards resolution. The parties had previously paused the litigation to discuss a possible settlement, and on April 10, 2024, a motion for preliminary settlement approval was filed. The court has now preliminarily approved this settlement, marking progress towards concluding the dispute and providing a potential closure for the involved parties.
For an in-depth examination of WBA stock, go to TipRanks’ Stock Analysis page.