MDRX - SHAREHOLDER ALERT: The Law Offices of Vincent Wong Investigate Veradigm Inc.(MDRX) for Potential Violations of Securities Laws | Benzinga
NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Attention Veradigm Inc. ("Veradigm") (NASDAQ:MDRX) shareholders:
The Law Offices of Vincent Wong announce that an investigation has commenced into Veradigm and certain of its officers and directors regarding potential securities fraud. The investigation concerns, in part, the below:
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 ...
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