Veradigm Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
An inquiry is being conducted to determine if the Company made false or misleading statements, or failed to reveal significant information that would be of interest to investors. On February 28, 2023, Veradigm declared that it discovered certain internal control failures regarding revenue recognition that had taken place over the last six quarters, causing a misstatement in reported revenues during those periods. The Company anticipates a reduction in revenue from continuing operations of about $20 million dollars in total from what it previously reported since the third quarter of 2021 and was anticipating for the fourth quarter of 2022. Veradigm stated that it is assessing the importance of the misstatement to determine if the entire amount of this adjustment will occur in the fourth quarter of 2022 or if prior periods will also require revision. As a result of this news, Veradigm’s stock fell by over 13.5% during intraday trading on March 1, 2023.
