Investors say Walgreens overstated merger benefits

Investors are suing Walgreens for exaggerating the benefits of the 2014 merger with European retailer Alliance Boots, claiming that the company boosted the value of shares last year. The group suit in Chicago federal court is related to a complaint filed by ex-CFO Wade Miquelon, who sued last year after being wrongfully blamed for bungling the earnings forecast. In this new case, Miquelon is now the defendant, along with former CEO Greg Wasson. Story

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