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Company: Walgreens
Current Parent Company:
Walgreens Boots Alliance
Parent at the Time of the Penalty Announcement:
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Penalty: $5,970,000
Year: 2010
Date: March 23, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: National pharmacy chain Walgreens agreed to pay nearly $6 million to settle FTC charges that the company deceptively advertised Wal-Born, a line of dietary supplements similar to the Airborne cold-and-flu treatment, using the same kind of baseless claims that the supplements could prevent colds, fight germs, and boost the immune system.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
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:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.