UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Investors of Class Action Against MERGE HEALTHCARE INCORPORATED & Its Board ...
March 04 2014 - 6:19PM
Marketwired
UPCOMING DEADLINE: Levi & Korsinsky, LLP Reminds Investors of
Class Action Against MERGE HEALTHCARE INCORPORATED and Its Board of
Directors and a Lead Plaintiff Deadline of March 17, 2014 -- MRGE
NEW YORK, NY--(Marketwired - Mar 4, 2014) - Levi & Korsinsky
announces that a class action lawsuit has been commenced in the
United States District Court for the Northern District of Illinois
on behalf of investors who purchased Merge Healthcare Incorporated
("Merge Healthcare" or the "Company") (NASDAQ: MRGE) common stock
between August 1, 2012 and January 7, 2014.
For more information, click here:
http://zlk.9nl.com/merge-healthcare.
The complaint alleges that the Company made materially false
and/or misleading statements and omitted materially adverse facts
regarding the Company's business, operations, and prospects.
On January 8, 2014, the Company announced that the existence
and/or value of millions of dollars of customer contracts had been
falsified for the six quarters ended September 30, 2013. The
Company referred to this falsification as the result of a rogue
employee's attempt to reach sales quotas and attain additional
compensation. The Company further disclosed that an internal
investigation had estimated the value of the falsified contracts at
approximately $5.8 and $9.4 million in 2012 and 2013,
respectively.
If you suffered a loss in Merge Healthcare you have until March
17, 2014 to request that the Court appoint you as lead plaintiff.
Your ability to share in any recovery doesn't require that you
serve as a lead plaintiff. To obtain additional information,
contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or
by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/merge-healthcare.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
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