MDRX - Glancy Prongay & Murray LLP a Leading Securities Fraud Law Firm Continues Investigation of Veradigm Inc. (MDRX) on Behalf of Investors | Benzinga

LOS ANGELES, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, continues its an investigation on behalf of Veradigm Inc. ("Veradigm" or the "Company") (NASDAQ:MDRX) investors concerning the Company's possible violations of the federal securities laws.

If you suffered a loss on your Veradigm investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Veradigm-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On February 28, 2023, Veradigm disclosed that it "detected certain internal control failures related to revenue recognition that have occurred over the prior six quarters, resulting in a mis-statement to reported revenues during those periods." As a result, the Company reported that it expects "a reduction in revenue from continuing operations of approximately $20 million dollars in the aggregate from what it otherwise reported since the 3rd quarter of 2021 and expected to report for the 4th quarter of 2022." The Company added that it is "continuing to evaluate the materiality of the mis-statement to determine if the full amount of this adjustment will flow through in the ...

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