Energy News / Shareholders Foundation, Inc.

NASDAQ: OMCL Shareholder Notice: Deadline on September 16th in Lawsuit Against Omnicell, Inc.

Via: ReleaseWire

Updated 1:14 PM CDT, Fri, September 06,2019

A Deadline is coming up on September 16, 2019 in the lawsuit for certain investors in Omnicell, Inc. (NASDAQ: OMCL) and NASDAQ: OMCL stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 09/06/2019 -- A deadline is coming up on September 16, 2019 in the lawsuit filed for certain investors of Omnicell, Inc. (NASDAQ: OMCL) over alleged securities laws violations by Omnicell, Inc.

Investors who purchased shares of Omnicell, Inc. (NASDAQ: OMCL) have certain options and there are strict and short deadlines running. Deadline: September 16, 2019. NASDAQ: OMCL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of Omnicell, Inc. (NASDAQ: OMCL) common shares between October 25, 2018 and July 11, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 25, 2018 and July 11, 2019, the Defendants failed to disclose to investors that the Company recognized revenue for certain transactions before fulfilling its performance obligations, that the Company engaged in improper accounting practices to meet revenue targets, that the Company experienced weaker demand for new product lines than it had previously projected, that, as a result, the Company would be required to write-off certain inventory, that the Company misclassified certain expenses as capitalized expenditures, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations

Those who purchased shares of Omnicell, Inc. (NASDAQ: OMCL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-omcl-shareholder-notice-deadline-on-september-16th-in-lawsuit-against-omnicell-inc-1258930.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com