Walgreens settles profit shortfall case

The details: Walgreens will pay $34.5 million to settle the case without acknowledging denial or wrongdoing, while Wasson and Miquelon each will pay a $160,000 penalty. The executives surprised investors by dropping a core measure of profit after the prices of generic drugs unexpectedly increased, according to the SEC.

Perspective:

• Wasson made $82.8 million in his final year at Walgreens. That means his $160,000 penalty was just 0.2% of his haul from that final year. That's equivalent to a $114 fine for someone who makes $60,000 a year .
• The $34.5 million fine Walgreens has to pay? It's 2.6% of just this year's second-quarter net profit.

Go deeper: Read the full settlement.