Glancy
Binkow & Goldberg LLPreminds investors that all purchasers of Merge
Healthcare Incorporated (“Merge Healthcare” or the “Company”)
(NASDAQ:MRGE) common stock between August 1, 2012 and January 7, 2014,
inclusive (the “Class Period”), have until March 17, 2014, to file a
motion to be appointed as lead plaintiff in the shareholder lawsuit.
The Complaint filed in the United States District Court for the Northern
District of Illinois alleges that the Company and certain of its
executive officers and/or directors misrepresented or failed to disclose
that, among other things:
-
The Company’s reported subscription backlog and its reported increase
in backlog were false and overstated during the six quarters ended
September 30, 2013.
-
The Company was experiencing a continued reluctance among large health
systems to move forward with enterprise purchases.
-
The Company’s deficient internal controls resulted in the failure to
properly log and verify customer contracts and appropriately calculate
the commissions of its sales force.
If you purchased Merge Healthcare common stock during the Class
Period, you may move the Court no later than March 17, 2014, to serve as
lead plaintiff; however, you must meet certain legal requirements. To be
a member of the Class, you need not take any action at this time; you
may retain counsel of your choice or take no action and remain an absent
member of the Class. If you wish to learn more about this action or have
any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to shareholders@glancylaw.com,
or visit our website at http://www.glancylaw.com.
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