San Diego, CA -- (SBWIRE) -- 12/01/2020 -- An investigation was announced over possible securities laws violations by MultiPlan Corporation in connection with certain financial statements.

Investors who purchased shares of MultiPlan Corporation (NYSE: MPLN), 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 MultiPlan Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York based MultiPlan Corporation provides data analytics and technology-enabled cost management solutions to the U.S. healthcare industry.

On November 11, 2020, a report was published entitled "MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab[.]" The report described a series of issues involving MultiPlan Corporation including that "MPLN is in the process of losing its largest client, UnitedHealthcare ('UHC'). UHC has formed a competitor to MPLN that offers significantly lower prices and fewer conflicts of interest."

Shares of MultiPlan Corporation (NYSE: MPLN) declined from $9.14 per share on November 6, 2020 to as low as $6.12 per share on November 12, 2020.

Those who purchased shares of MultiPlan Corporation (NYSE: MPLN) 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 Shareholders Foundation, Inc.
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.