LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against NantHealth, Inc. (“NantHealth” or the “Company”) (Nasdaq: NH). Investors who purchased or otherwise acquired NantHealth shares between February 19, 2013 and March 1, 2017 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 2, 2017 lead plaintiff deadline.
If you are a shareholder who suffered a loss during the Class Period, we encourage you to click here, or contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
On March 6, 2017, STAT, a news organization centered on medical industry reporting, revealed an article claiming that NantHealth founder, Patrick Soon-Shiong, had conferred $12 million to the University of Utah using different tax-exempt entities that he controlled.
The contract required the University to expend most of these finances into NantHealth.
STAT maintains that the plan allowed the Company to falsely increase the amount of test orders it reported to shareholders.
When this information was revealed to investors, the value of NantHealth fell, causing investors harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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