MDRX - VERADIGM ALERT: Bragar Eagel & Squire P.C. is Investigating Veradigm Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Veradigm Inc. (NASDAQ:MDRX) on behalf of long-term stockholders following a class action complaint that was filed against Veradigm on November 22, 2023 with a Class Period from February 26, 2021 to December 7, 2023. Our investigation concerns whether the board of directors of Veradigm have breached their fiduciary duties to the company.
The Veradigm class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Veradigm had overstated its historical revenues by at least $20 million; (ii) Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period; (iii) Veradigm had artificially inflated its earnings and margins and materially misrepresented demand for Veradigm's products and services; (iv) ...