NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Attention Veradigm Inc. ("Veradigm") (NASDAQ: MDRX) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 26, 2021 and June 13, 2023.
If you suffered a loss on your investment in Veradigm, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/veradigm-class-action-submission-form?prid=63089&wire=4
ABOUT THE ACTION: The class action against Veradigm includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) Veradigm had overstated its historical revenues by at least $20 million; (b) Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period; (c) Veradigm had artificially inflated its earnings and margins and materially misrepresented demand for the Company's products and services during the class period; (d) Veradigm had failed to maintain effective internal controls over its financial reporting; (e) Veradigm had failed to comply with Generally Accepted Accounting Principles ("GAAP") regarding appropriate revenue recognition practices; and (f) as a result of the foregoing, the Company's financial projections were materially false and misleading and lacked any reasonable basis.
DEADLINE: January 22, 2024
Aggrieved Veradigm investors only have until January 22, 2024 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
