San Diego, CA -- (SBWIRE) -- 04/22/2015 -- An investigation on behalf of current long-term investors in shares of Omnicell, Inc. (NASDAQ:OMCL) concerning potential breaches of fiduciary duties by certain directors and officers of Omnicell, Inc. (NASDAQ:OMCL) was announced.

Investors who are current long term investors in Omnicell, Inc. (NASDAQ:OMCL) shares, 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 for current long term investors in NASDAQ:OMCL stocks follows a lawsuit filed recently against Omnicell, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:OMCL stocks, concerns whether certain Omnicell officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that between May 2, 2014 and March 2, 2015 defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose the existence of a "side letter" arrangement with a Company customer for certain discounts and Company products that were to be provided at no cost, but which were not reflected in the final invoices paid by the customer, that Omnicell, Inc. lacked adequate internal controls over financial reporting, and that as a result of the foregoing, Omnicell's financial statements were materially false and misleading at all relevant times.

On March 2, 2015, Omnicell, Inc. disclosed that it is unable to file its Annual Report for the year ended December 31, 2014 within the prescribed time period without unreasonable effort or expense because additional time is required by the Company to investigate a notice received on February 27, 2015 from a Company employee alleging, among other matters, the existence of a "side letter" arrangement with a Company customer for certain discounts and Company products that were to be provided at no cost, but which were not reflected in the final invoices paid by the customer.

Shares of Omnicell, Inc. (NASDAQ:OMCL) declined to as low as $30.74 per share on March 17, 2015.

On April 17, 2015, NASDAQ:OMCL shares closed at $35.52 per share.

Those who purchased shares of Omnicell, Inc. (NASDAQ:OMCL) 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