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Violation Tracker Individual Record

Company: Walgreen Co.
Current Parent Company: Walgreens Boots Alliance
Penalty: $13,750,000
Year: 2022
Date: February 16, 2022
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Walgreen agreed to pay over $13 million to settle a lawsuit accusing it of mismanaging its employees' 401(k) plan.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Illinois
Civil or Criminal Case: civil
Case ID: 1:19cv5392
Case Name: Brown-Davis et al v. Walgreen Co. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-pharmacies
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.