MDRX - Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed on Behalf of Veradigm Inc. (MDRX) Investors and Encourages Investors to Contact the Firm Before January 22 2024 | Benzinga
NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Illinois on behalf of those who acquired Veradigm Inc. ("Veradigm" or the "Company") (NASDAQ:MDRX) securities during the period from February 26, 2021 through June 13, 2023 (the "Class Period"). Investors have until January 22, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On February 28, 2023, Veradigm announced that it had detected certain internal control failures related to revenue recognition that had occurred over the prior six quarters, resulting in a misstatement of reported revenues during those periods. Veradigm disclosed that the revenue misstatements caused revenue to be overstated by approximately $20 million from the third quarter of 2021 until the fourth quarter of 2022. On ...
MDRX) Investors and Encourages Investors to Contact the Firm Before January 22, 2024>Full story available on Benzinga.com