LOS ANGELES, Oct. 20, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises R1 RCM Inc. (“RCM” or “the Company”) (NASDAQ: RCM) investors that the firm has initiated an investigation into possible securities violations and may file a class action on behalf of investors. RCM investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The Portnoy law firm is conducting an investigation into whether R1 RCM Inc adhered to federal securities regulations. On October 16, 2023, Jehoshaphat Research released a report claiming that "RCM's reported revenues and profits are significantly inflated," while also accusing the Company of engaging in "accounting tricks" and demonstrating "poor corporate governance." As a consequence of this announcement, the stock price of the Company experienced a decline.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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