An investigation for investors in NASDAQ:QSII shares over potential securities laws violations by Quality System was announced and NASDAQ:QSII stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/02/2016 -- An investigation for shareholders in Quality Systems, Inc. (NASDAQ:QSII) over potential securities laws violations by Quality Systems in connection certain financial statements was announced.
Investors who purchased shares of Quality Systems, Inc. (NASDAQ:QSII), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm focuses on whether a series of statements by Quality Systems regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Quality Systems, Inc. reported that its Total Revenue rose from $444.67 million for the 12 months period that ended on March 31, 2014 to $490.23million for the 12 months period that ended on March 31, 2015 and that its Net Income increased from $15.68 to $27.33 million. Shares of Quality Systems, Inc. (NASDAQ:QSII) rose from $12.26 per share in October 2015 to as high as $17.20 per share on January 12 2016.
On January 28, 2016, Quality Systems, Inc announced its results for its fiscal 2016 third quarter and nine months ended December 31, 2015. Shares of Quality Systems, Inc. (NASDAQ:QSII) declined to as low as $12.51 per share on January 29, 2016.
Those who purchased shares of Quality Systems, Inc. (NASDAQ:QSII) 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