Lead Plaintiff Appointed in Veradigm Class Action — Here’s How You Can Recover Your Losses

Court: N.D. Illinois

Case: 1:23-cv-16205

Lead Plaintiff has been appointed to represent investors in the class action against Veradigm.

What is this lawsuit about?

On February 28, 2023, Veradigm disclosed internal control failures related to revenue recognition that spanned the previous six quarters. The company revealed a misstatement in reported revenues totaling approximately $20 million since Q3 2021 and warned that its full 2022 annual report would be delayed. As a result, Veradigm MDRX also revised its 2023 guidance downward.

Following this, MDRX dropped 12.8%.

Then, on November 22, 2023, shareholders filed a claim against the company.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify MDRX investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.