LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC announces the filing of a class action lawsuit against HMS Holdings Corp (“HMS” or the “Company”) (Nasdaq: HMSY). Investors who purchased or otherwise acquired Babcock 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.
If you purchased or otherwise acquired HMS shares and would like more information regarding the class action lawsuit, 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 without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at info@goldberglawpc.com.
HMS announced that it would not file its fiscal year 2016 Form 10-K on time, and that its auditor had identified what it thought was a weakness in the Company’s internal controls over fiscal reporting regarding CMS reserves.
HMS mentioned 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.” When this information was revealed to investors, the value of HMS fell, causing investors harm.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.