LOS ANGELES--(BUSINESS WIRE)--Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against HMS Holdings Corp (“HMS” or the “Company”) (Nasdaq: HMSY). Investors who purchased or otherwise acquired HMS shares between May 10, 2015, and February 28, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 2, 2017 lead plaintiff deadline.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
HMS revealed that it would not file its fiscal year 2016 Form 10-K on time, and that its auditor had recognized what it thought was a weakness in the Company’s internal controls over financial reporting regarding CMS reserves.
When this information was offered to the investing public, HMS stock dropped, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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