NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Veradigm Inc. ("Veradigm" or the "Company") (NASDAQ:MDRX) in the United States District Court for the Northern District of Illinois on behalf of all persons and entities who purchased or otherwise acquired Veradigm common stock between February 26, 2021 and June 13, 2023, both dates inclusive (the "Class Period"). Investors have until January 22, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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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 ...