Walgreens to Pay $16M for Illegal Dumping

by Nate Wooley | December 14, 2012 9:30 am

Walgreens 2 300x199 Walgreens to Pay $16M for Illegal Dumping[1]Pharmacy chain Walgreens (NYSE:WAG[2]) must pay $16.57 million to settle an illegal dumping suit.

The case was brought against Walgreens by district attorneys in California following an inspection of the company’s waste disposal bins, The Associated Press reports[3]. The suit contended that more than 600 of the chain’s stores had been illegally dumping hazardous waste, as well as other sensitive materials.

Pesticides, bleach and pharmaceutical waste were found in the bins. The chain was sued for both the illegal disposal and illegal handling of the material. Customer records that contained classified medical information were also found.

A spokesman for Walgreens denies that the firm did anything wrong and maintains that it settled to avoid a long legal dispute. He went on to say that Walgreens ships all hazardous waste to a hazardous waste disposal facility for proper disposition.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/05/Walgreens-2.jpg
  2. WAG: http://studio-5.financialcontent.com/investplace/quote?Symbol=WAG
  3. The Associated Press reports: http://www.usatoday.com/story/money/business/2012/12/13/walgreens-illegal-dumping/1767869/
  4. Reality TV Lawsuit Claims Show is Rigged: http://investorplace.com/2012/12/reality-tv-lawsuit-claims-show-is-rigged/
  5. Never-Ending Patent Wars: Ericsson Sues Samsung: http://investorplace.com/2012/11/never-ending-patent-wars-ericsson-sues-samsung/
  6. Does the Surface Have All the Storage It Claims?: http://investorplace.com/2012/11/does-the-surface-have-all-the-storage-it-claims/

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