SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report: May 6, 1997
WALGREEN CO.
(Exact name of registrant as specified in its charter)
Illinois 1-604 36-1924025
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) No.)
200 Wilmot Road, Deerfield, Illinois 60015
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (847) 940-2500
(Former name or former address, if changed since last report.)
Item 5. Other Events.
On April 17, 1997, the registrant was served with an action
entitled State of Illinois, ex rel. Louis H. Mueller vs.
Walgreen Corporation, Case No. 96L02373, which was filed in
the Circuit Court of Cook County, Illinois. The plaintiff
alleges that on occasion the registrant has in stock an
insufficient amount of a drug to completely fill a
prescription for an Illinois Medicaid patient. It is
further alleged that, in those instances, Illinois Medicaid
is billed for the full prescription, and that the customer
is requested to return to the store at a later date for the
balance of the prescription. The plaintiff further alleges
that in cases where the patient does not return for the
remainder of the prescription, Illinois Medicaid is not
credited for the undelivered portion. The allegations
contained in the Illinois complaint are the same as those
contained in an action pending in California entitled State
of California, ex rel. Louis H. Mueller vs. Walgreen
Corporation, Case No. 976292, which was filed in the
Superior Court of the State of California, County of San
Francisco and described by the registrant in its Form 10-Q
filed for the quarter ended May 31, 1996.
The Illinois complaint seeks treble damages, as well as the
imposition of civil monetary penalties. As in the
California action, the total dollar amount of damages and
penalties sought is material. However, management is of the
opinion that, although the ultimate disposition of this suit
cannot be forecast with certainty, the litigation should not
have a material adverse effect on the registrant's consolidated
financial position or results of operations. The registrant
intends to vigorously defend this suit.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
WALGREEN CO.
(Registrant)
By R. L. Polark__________
R. L. Polark
Senior Vice President
(Chief Financial Officer)
Date: May 6, 1997
