Leslie Weikle
on February 26, 2025
3 views
🚨🇺🇸WALGREENS TO PAY $595M IN COVID-19 TESTING SETTLEMENT
Walgreens has agreed to pay $595 million to Everly Health Solutions after losing a contract dispute over COVID-19 testing.
Everly Health, formerly PWNHealth, accused Walgreens of breaching a 2020 contract that allowed customers to order tests through its website.
The settlement follows a Delaware judge’s ruling against Walgreens, preventing it from overturning a nearly $1 billion arbitration award.
The payment is due within two business days, resolving a dispute dating back to 2022.
Source: Street Insider
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