An investigation for investors in R1 RCM Inc. (NASDAQ:RCM) shares over potential securities laws violations by R1 RCM Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/31/2023 -- R1 RCM Inc is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of R1 RCM Inc. (NASDAQ: RCM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by R1 RCM Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Murray, UT based R1 RCM Inc. provides technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and physician groups. On October 16, 2023, Jehoshaphat Research issued a report alleging accounting issues, conflicts of interest, and governance concerns at R1 RCM, Inc. The Jehoshaphat Report claims that "RCM's revenues and profits are grossly overstated by a variety of desperate accounting measures, and that horrific corporate governance has allowed this to happen."
Shares of R1 RCM Inc. (NASDAQ: RCM) declined from $18.69 per share on July 03, 2023, to $10.95 per share on October 27, 2023.
Those who purchased shares of R1 RCM Inc. (NASDAQ: RCM) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.