RCM - Hagens Berman Says Activist Short Seller Says R1 RCM (RCM) Creatively Manipulates Revenues | Benzinga
SAN FRANCISCO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges R1 RCM Inc. (NASDAQ:RCM) investors who suffered substantial losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/RCM
Contact An Attorney Now: RCM@hbsslaw.com
844-916-0895
R1 RCM Inc. (NASDAQ:RCM) Investigation:
The investigation focuses on the propriety of R1 RCM's financial disclosures.
On Oct. 16, 2023, financial fraud investigator Jehoshaphat Research published a scathing forensic report accusing R1 RCM of engaging in misrepresentative accounting and calling its stock "practically uninvestible today."
Among other matters, Jehoshaphat accused R1 RCM of engaging in "aggressive mark-to-model revenue recognition creating most of the revenue growth in the company today, creatively deflat[ing] expenses that inflate ...
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