EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against HMS Holdings Corp. – HMSY

NEW YORK--()--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of HMS Holdings Corp. (NASDAQ:HMSY) resulting from allegations that HMS Holdings may have issued materially misleading business information to the investing public.

On March 2, 2017, HMS Holdings revealed during aftermarket hours that it would not file its fiscal year 2016 Form 10-K on time and that HMS Holdings’ auditor believes it has identified a material weakness in HMS Holdings’ internal controls over financial reporting related to CMS reserves. HMS Holdings also disclosed that it is “continuing to evaluate whether this issue affects its consolidated financial results, primarily focusing on prior periods in which revenue relating to the CMS business was recorded.” On this news, shares of HMS Holdings fell sharply during intraday trading on March 3, 2017.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by HMS Holdings investors. If you purchased shares of HMS Holdings on or before March 2, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1070.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Release Summary

Rosen Law Firm Investigating Potential Securities Claims Against HMS Holdings Corp. - HMSY

#Hashtags

Contacts

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com