Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Walgreen Company    WAG   US9314221097

WALGREEN COMPANY (WAG)

34
Delayed Quote. Delayed Nyse - 12/19 04:07:47 pm
73.23 USD   -1.55%
1d ago WALGREEN : City man accused in robberies pleads not guilty to thefts
1d ago WALGREENS : Boots to trade under WBA symbol
1d agoDJWalgreen to Keep Nasdaq Listing, Drop NYSE
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Costco says cooperating with DEA probe on controlled substances

10/16/2013 | 06:05pm US/Eastern

(Reuters) - Costco Wholesale Corp (>> Costco Wholesale Corporation) said on Wednesday that it will cooperate with the U.S. Drug Enforcement Administration in its ongoing investigation of prescriptions for controlled substances, after receiving subpoenas and warrants from the DEA.

(Reuters) - Costco Wholesale Corp (>> Costco Wholesale Corporation) said on Wednesday that it will cooperate with the U.S. Drug Enforcement Administration in its ongoing investigation of prescriptions for controlled substances, after receiving subpoenas and warrants from the DEA.

The DEA has targeted large pharmacy chains and distributors to stem the flow of prescription drugs where abuse is suspected.

The DEA revoked the controlled substance licenses of two CVS Caremark Corp (>> CVS Caremark Corporation) drugstores in Florida in 2012, and earlier this year Walgreen Co (>> Walgreen Company) reached a record $80 million settlement with the agency to resolve allegations that its negligence in record-keeping and dispensing allowed highly addictive drugs to reach abusers and be sold illegally.

Costco announced its plans to cooperate with the DEA's subpoenas and administrative inspection warrants in a filing with the U.S. Securities and Exchange Commission on Wednesday. It said the matter concerned its "fulfillment of prescriptions related to controlled substances and related practices."

Additional details were not provided, and company representatives declined to comment beyond what was included in the regulatory filing.

(Reporting by Jessica Wohl in Chicago; Editing by Leslie Adler and Bob Burgdorfer)

React to this article
Latest news on WALGREEN COMPANY
1d ago WALGREEN : City man accused in robberies pleads not guilty to thefts
1d ago WALGREENS : Boots to trade under WBA symbol
1d agoDJWalgreen to Keep Nasdaq Listing, Drop NYSE
1d agoDJWalgreen to Keep Nasdaq Listing, Drop NYSE After Alliance Boots Deal Closes
1d ago WALGREENS : Announces Intention to List Walgreens : Boots Alliance Shares on Nas..
1d ago HHS partners with nation's largest pharmacies to promote Health Insurance Mar..
1d ago WALGREEN : BRIEF: Truck slams into Vancouver Walgreens, suspects flee
1d ago WALGREENS : Sets Date for First Quarter 2015 Earnings Release, Conference Call
1d ago WALGREENS : Sets Date to Post First Quarter Results
1d ago WALGREENS : Releases Flu Index
Advertisement
Chart
Duration : Period :
Walgreen Company Technical Analysis Chart | WAG | US9314221097 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF