How is the market cap and valuation of REDTAPE Limited (543957) - Free Stock Investment Discussion Area

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How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The U.S. Justice Department on Friday accused pharmacy chain operator Walgreens Boots Alliance of contributing to the U.S. opioid epidemic by filling millions of unlawful prescriptions for addictive painkillers and other drugs.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. The departmentintervenedin a whistleblower lawsuit filed in federal court in Chicago and accused Walgreens of ignoring “red flags” and filling prescriptions for opioids and other controlled substances that lacked a legitimate medical purpose.

“These practices allowed millions of opioid pills and other controlled substances to flow illegally out of Walgreens stores,” Brian Boynton, the head of the Justice Department’s Civil Division, said in a statement.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Free real-time market data to help you quickly recover and avoid losses. The lawsuit alleged that by knowingly filling unlawful prescriptions for controlled substances, Walgreens violated the Controlled Substances Act. The government also alleged it violated the False Claims Act when it then sought reimbursement from federal health care programs, like Medicare, for the prescriptions.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The lawsuit was announced after Walgreens filed its own lawsuit on Thursday challenging what it said were new policies the U.S. Drug Enforcement Administration had unlawfully adopted, seeking to ensure pharmacies do not dispense controlled substances for medically illegitimate purposes.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. Thatlawsuitwas filed in federal court in Tyler, Texas, following what Walgreens had described as recently as last week as active negotiations with the Justice Department for a potential settlement to resolve claims it improperly dispensed opioids.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Expert predictions with real-time stock indices, futures data, and metals, energy market data to help you seize the best investment opportunities. The company’s lawsuit targeted what Walgreens called new, “arbitrary” rules the DEA imposed without going through the required rulemaking process.

“We will not stand by and allow the government to put our pharmacists in a no-win situation, trying to comply with ‘rules’ that simply do not exist,” Walgreens said in a statement.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Real-time global stock, futures, and forex data to help you quickly assess market trends and achieve stable returns. Walgreens is among the drug manufacturers, distributors, pharmacy operators and others who have collectively in recent years agreed to pay about $50 billion to resolve lawsuits and investigations by states and local governments accusing them of helping fuel a deadly opioid addiction epidemic in the U.S.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Free stock selection service with professional advisors offering the best investment portfolio for stable growth. The U.S. Centers for Disease Control and Prevention says nearly 727,000 opioid overdose deaths occurred from 1999 to 2022.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. The Justice Department last month announced a similar lawsuit against Walgreens rival CVS that accused the pharmacy chain of filling illegal opioid prescriptions and contributing to a nationwide epidemic of opioid addiction.

How is the market cap and valuation of REDTAPE Limited (543957) ✌️【Exclusive Services】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. Walgreens in 2022 agreed topay up to $5.52 billionover 15 years to resolve thousands of lawsuits by state and local governments accusing the company of fueling the U.S. opioid epidemic.

Last month, Ohio’s top courtoverturneda $650.9 million judgment two local counties secured against Walgreens, CVS and Walmart in the first case to go to trial nationally over allegations the pharmacies contributed to the epidemic.

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