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Internal emails included in a lawsuit offer a rare peek into Walgreen discussions about financial considerations and dealing with the press, as well as comments from the company’s former chief financial officer, who alleges in the suit that the company defamed him.

Walgreen’s former Chief Financial Officer Wade Miquelon sued the drugstore operator last month, citing news reports that suggested he was “personally responsible” for errors in the company’s earnings forecast. The Wall Street Journal reported Aug. 19 that Miquelon left the company after a $1 billion forecasting error in Walgreen’s Medicare-related business.

Miquelon is up for a $3.2 million severance package after his non-executive role with the company officially ends on Dec. 1. On Thursday, Walgreen will be back in court to try to seal parts of the lawsuit the company says are confidential and proprietary. You can view a copy of the full lawsuit, including the parts of the lawsuit Walgreen wishes to redact, here.

Below is a condensed version of exhibits found in Miquelon’s lawsuit, which have been edited for space:

Pre-earnings release

Emails are exchanged discussing upcoming third quarter earnings and an impending deal.

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Earnings day

An email sent by Miquelon on June 24, when third quarter earnings are released, contained the following text. A text message was also included in the exhibits.

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Text message

The Wall Street Journal calls

Emails supplied by Miquelon detail his correspondence with Wall Street Journal senior editor Michael Siconolfi.

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Reputation concerns

Miquelon emails an executive recruiter, Ann Fastiggi, following a Wall Street Journal news report. He also writes Walgreen, including CEO Greg Wasson and general counsel Thomas Sabatino, asking for help clearing his name.

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Sources:
Tribune reporting, Cook County Circuit Court documents

@ChiTribGraphics

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