Walgreen in record $80 million settlement over painkillers

Cold and flu products are pictured on shelving at grand opening of drugstore chain Walgreens newest flagship store in HollywoodBy Jonathan Stempel and Jessica Wohl (Reuters) – Walgreen Co, the largest U.S. drugstore chain, has agreed to pay $80 million in civil penalties to resolve allegations that it violated federal rules governing the distribution of prescription painkillers. The U.S. Drug Enforcement Administration on Tuesday said the settlement is the largest in its history. The DEA accused Walgreen of committing an "unprecedented" number of record-keeping and dispensing violations of the Controlled Substances Act. …