Omnicell, Inc. Class Action Lawsuit - OMCL

Company
Omnicell, Inc. (NASDAQGS: OMCL)
Lead Plaintiff Deadline
September 16, 2019 (Expired)
Class Period
October 25, 2018 - July 11, 2019

Expired

Lead Plaintiff Deadline

Sep 16, 2019

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Allegations

(1) the Company recognized revenue for certain transactions before fulfilling its performance obligations; (2) the Company engaged in improper accounting practices to meet revenue targets; (3) the Company experienced weaker demand for new product lines than it had previously projected; (4) as a result, the Company would be required to write-off certain inventory; (5) the Company misclassified certain expenses as capitalized expenditures; and (6) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the OMCL class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until September 16, 2019 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.

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