Walgreen To Pay $1.4M To End Cold Remedy Ad Suit

Law360, New York (June 3, 2009, 12:00 AM EDT) -- A federal judge has signed an order preliminarily approving a $1.4 million settlement between Walgreen Co. and purchasers of its Wal-Born products, who had claimed the company falsely advertised the ability of its product to prevent the common cold and offer protection from germs and viruses.

Judge Katharine S. Hayden of the U.S. District Court for the District of New Jersey on Monday signed an order granting preliminary approval to the settlement, which would afford each class member who submits a claim a voucher for a...
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