Veradigm Inc. f/k/a Allscripts Healthcare Solutions, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Veradigm Inc. f/k/a Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) between February 26, 2021 and June 13, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 22, 2024.

If you purchased Veradigm common stock during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:February 26, 2021 through June 13, 2023
If you purchased Veradigm common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants made materially false and misleading statements and/or failed to disclose that:

  • Veradigm had overstated its historical revenues by at least $20 million;
  • Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period;
  • Veradigm had artificially inflated its earnings and margins and materially misrepresented demand for Veradigm’s products and services during the class period;
  • Veradigm had failed to maintain effective internal controls over its financial reporting;
  • Veradigm had failed to comply with Generally Accepted Accounting Principles (“GAAP”) regarding appropriate revenue recognition practices; and
  • as a result of the foregoing, Veradigm’s financial projections were materially false and misleading and lacked any reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Veradigm Inc. f/k/a Allscripts Healthcare Solutions, Inc.
Stock Symbol: MDRX
Class Period: February 26, 2021 through June 13, 2023
Court: United States District Court Northern District of Illinois

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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