UPCOMING DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Walmart Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, March 8, 2021

Investors who purchased the Company's securities between March 30, 2016 and December 22, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before March 22, 2021.           

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Walmart knowingly filled improper prescriptions written by "pill-mill" prescribers. Thousands of prescriptions filled by the Company demonstrated obvious red flags such as dangerous mixtures of medications. The Company's management pressured its pharmacists to fill as many prescriptions as possible, making it difficult for them to comply with the law. The Company's pharmacy revenues were artificially inflated due to filling invalid prescriptions in violation of the Controlled Substance Act dispensing requirements. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Walmart, investors suffered damages.