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Rite Aid Corporation (NYSE:RAD) Investor Filed Lawsuit Against Acquisition By Walgreens Boots Alliance, Inc

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Lawsuit Overview

January 11, 2016 (Shareholders Foundation) - An investor who currently holds shares of Rite Aid Corporation (NYSE:RAD), filed a lawsuit in effort to halt the proposed takeover of Rite Aid Corporation by Walgreens Boots Alliance, Inc for $9.00 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:RAD stockholders by agreeing to sell Rite Aid ...

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