BOSTON, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Block & Leviton is investigating R1 RCM, Inc. (NASDAQ: RCM) for potential securities law violations. Investors who have lost money in their R1 RCM, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/rcm.
What is this all about?
On October 16, 2023, Jehoshaphat Research issued a report alleging accounting issues, conflicts of interest, and governance concerns at R1 RCM, Inc. The Jehoshaphat Report claims that “RCM’s revenues and profits are grossly overstated by a variety of desperate accounting measures, and that horrific corporate governance has allowed this to happen.”
Shares of R1 RCM, Inc. stock dropped as much as 8% in intraday trading on October 16, 2023.
Who is eligible?
Anyone who purchased R1 RCM, Inc. stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.
Why should you contact Block & Leviton?
Block & Leviton is widely regarded as one of the leading securities class action firms in the country. We have obtained, and are dedicated to obtaining significant recoveries on behalf of defrauded investors through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.
This notice may constitute attorney advertising.
CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockleviton.com
SOURCE: Block & Leviton LLP
www.blockleviton.com
