San Diego, CA -- (SBWIRE) -- 11/20/2013 -- An investor, who purchased shares of Quality Systems, Inc. (NASDAQ:QSII), filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Quality Systems, Inc in connection with certain allegedly false and misleading statements made between May 26, 2011 and July 25, 2012.

If you purchased shares of Quality Systems, Inc. (NASDAQ:QSII) between May 26, 2011 and July 25, 2012, and / or if you purchased NASDAQ:QSII shares in 2011 or earlier and currently hold any of those shares, you have certain options and for certain investors are short and strict deadlines running. Deadline: January 21, 2014. NASDAQ:QSII investors should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired Quality Systems, Inc. (NASDAQ:QSII) between May 26, 2011 and July 25, 2012, that Quality Systems, Inc. and certain of its senior executives violated the Securities Exchange Act of 1934.

More specifically, the plaintiff alleges that the defendants made a series of allegedly material misstatements and omissions concerning Quality Systems’ growth prospects, including its guidance for fiscal years 2012 and 2013 and that as a result of defendants' statements and omissions, Quality Systems' securities traded at artificially inflated prices between May 26, 2011 and July 25, 2012.

On May 19, 2011, Quality Systems, Inc. reported its fourth quarter 2011 and year end results.

Quality Systems, Inc. reported that its Total Revenue rose from $291.81 million for the 12 months period that ended on March 31, 2010 to $353.36 million for the 12 months period that ended on March 31, 2011 and that its respective Net Income rose from $48.38 million to $61.61 million.

Shares of Quality Systems, Inc. (NASDAQ:QSII) reached in March 2012 as high as $43.73 per share.

On May 17, 2012, Quality Systems, Inc. announced its fiscal 2012 fourth quarter and year end results. Quality Systems, Inc. reported that its Total Revenue rose from $353.36 million for the 12 months period that ended on March 31, 2011 to $429.83 million for the 12 months period that ended on March 31, 2012.

Then on July 26, 2012, Quality Systems, Inc. announced its fiscal 2013 first quarter results. The president and chief executive officer of Quality Systems, Inc. said that “overall results were impacted by lower-than-expected revenue from large, higher margin software system sales“ and that “due to evolving conditions affecting [Quality Systems] industry and uncertainty in predicting future results, [Quality Systems is] not affirming [its] previous guidance nor providing revised guidance at this time”.

Shares of Shares of Quality Systems, Inc. (NASDAQ:QSII) declined from almost $44 per share in March 2012 to as low as $16.27 per share on July 27, 2012..

Those who purchased shares of Quality Systems, Inc. (NASDAQ:QSII) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com