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RAD / Walgreens pays $192.5M to settle Rite Aid investors' lawsuit

Walgreens pays $192.5M to settle Rite Aid investors' lawsuit
Walgreens Boots Alliance Inc (NASDAQ:WBA) has agreed to pay $192.5 million to settle a class action lawsuit brought on by Rite Aid (NYSE:RAD) investors, according to a deal filed in Pennsylvania federal court on Wednesday. The deal is subject to approval by District Judge Jennifer Wilson. Read More
Posted: Oct 19 2023, 13:06
Author Name: Proactive Investors
Views: 112142

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Rite Aid Files for Bankruptcy: Is Walgreens Boots Alliance Headed for the Same Fate?

By The Motley Fool
October 25, 2023

Rite Aid Files for Bankruptcy: Is Walgreens Boots Alliance Headed for the Same Fate?

These pharmacy retailers have a lot in common, as both have struggled to stay out of the red. Walgreens remains unprofitable, but it is making efforts more_horizontal

Rite Aid Rides a Hot 2023 Trend: Going Bankrupt

By Barrons
October 20, 2023

Rite Aid Rides a Hot 2023 Trend: Going Bankrupt

So far this year, companies filing for bankruptcy are twice that of 2022, and a hair short of pandemic 2020. The biggest group of filers: consumer-dis more_horizontal

Walgreens pays $192.5M to settle Rite Aid investors' lawsuit

By Proactive Investors
October 19, 2023

Walgreens pays $192.5M to settle Rite Aid investors' lawsuit

Walgreens Boots Alliance Inc (NASDAQ:WBA) has agreed to pay $192.5 million to settle a class action lawsuit brought on by Rite Aid (NYSE:RAD) investo more_horizontal

A List of 150 Stores Rite Aid Is Closing

By 24/7 Wall Street
October 19, 2023

A List of 150 Stores Rite Aid Is Closing

Rite Aid, which just moved into Chapter 11, will close 150 stores. It has 2,300 in 17 states, so the number is likely to rise. more_horizontal

Rite Aid closing 154 stores in 15 states: Here's the list

By Fox Business
October 19, 2023

Rite Aid closing 154 stores in 15 states: Here's the list

Rite Aid is shuttering over 150 stores as it seeks to restructure their business following years of legal issues tied to the opioid crisis and sagging more_horizontal

Rite Aid is closing 154 stores as part of bankruptcy

By Market Watch
October 18, 2023

Rite Aid is closing 154 stores as part of bankruptcy

Rite Aid plans to shutter 154 stores, many of them in Pennsylvania and California, as part of its bankruptcy plans, according to an initial list of th more_horizontal

Rite Aid lost more than $1 billion in months before bankruptcy filing

By CNBC
October 18, 2023

Rite Aid lost more than $1 billion in months before bankruptcy filing

Rite Aid warned investors it may not be able to keep its business running. more_horizontal

Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list

By CNN Business
October 18, 2023

Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list

Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring eff more_horizontal


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