Walgreens Challenges Nearly $1B Arbitration Award Over Alleged Breach of COVID-19 Test Business Contract - Walgreens Boots Alliance (NASDAQ:WBA)
Walgreens Boots Alliance challenges a nearly $1 billion arbitration award issued to telemedicine provider PWNHealth, alleging excessive damages under contract terms. The dispute revolves around Walgreens' handling of COVID-19 tests, with Everly Health Solutions asserting breach of agreement.