SAN FRANCISCO, Jan. 14, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Veradigm Inc. (NASDAQ:MDRX) investors who suffered substantial losses to submit your losses now.
Class Period: Feb. 26, 2021 – June 13, 2023 Lead Plaintiff Deadline: Jan. 22, 2024 Visit: www.hbsslaw.com/investor-fraud/MDRX | |
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Veradigm Inc. (MDRX) Securities Fraud Class Action:
On Jan. 10, 2024, Veradigm's new leadership team provided updated fiscal year 2023 guidance, revising estimates issued on Sep. 18, 2023 under previous management. Significantly, Dr. Shih-Yin Ho, Interim CEO, and Lee Westerfield, Interim CFO, reduced the company's estimated revenues by $7-$13 million and adjusted EBITA by $35-$38 million.
Ho and Westerfield have taken the helm at a tumultuous time for Veradigm. Last month, Veradigm announced that as a result of its ongoing internal investigation relating to the company's financial reporting, its board requested the immediate resignations of the company's CEO (Richard J. ...