Pretty sure this will lead to more layoffs..
https://www.justice.gov/opa/pr/walgreens-agrees-pay-350m-illegally-filling-unlawful-opi--d-prescriptions-and-submitting
8 replies (most recent on top)
I don't think Wentworth is lying, he needs to make this place look good so Sycamore will buy this place.
If Wentworth was brought in to sell Walgreens, he was lying daily to his employees about a turnaround plan.
@k3+1jscx587b Please remember that Wentworth facilitated the sale of Express Scripts to Cigna, so yes, he was brought on to facilitate the sale of Walgreens.
Turn around 😂😂. Ship sank 10 years ago. It’s resting on the bottom of the ocean!
Not sure if Mr. Wentworth's original intent was to actually save Walgreens with a turnaround strategy and after finding out how wrecked the company was, gave up and decided to sell or was he brought on board to sell the company all along.
They are beyond a bunch of crooks and fraudsters. Some people work pretty hard for this so called company and they just throw millions and millions and billions and billions away to fines for wrong doing ...and mostly not admitting guilt. Yet cannot pay their employees a descent wage. That is not whining, that is a fact. But cutbacks galore. They throw around money like it is candy and not one person is held accountable. Who would buy a company like this....says a lot about the piranha's buying them too. Just a bunch of piranha's they are selling the company to. Yet some listen to this so called CEO like he is good. He is anything but good along with the pathetic board. Numbers and fines don't lie.
"Walgreens will also owe the United States an additional $50 million if the company is sold, merged, or transferred prior to fiscal year 2032, the Justice Department said in a statement."
As usual, Walgreens said "We strongly disagree with the Government's legal theory and admit no liability".... Really, if you did nothing wrong, why did you pay a large sum of $300M???? This company is run by dishonest crooks.