A lawsuit was filed on behalf of investors in Syneos Health, Inc. (NASDAQ: SYNH) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 03/12/2019 -- An investor in NASDAQ: SYNH shares filed a lawsuit over alleged violations of Federal Securities Laws by Syneos Health, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Syneos Health, Inc. (NASDAQ: SYNH) have certain options and for certain investors are short and strict deadlines running. Deadline: April 30, 2019. NASDAQ: SYNH investors should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
On February 27, 2019, Syneos Health, Inc disclosed that "[o]n February 21, 2019, the Securities and Exchange Commission ("SEC") notified the Company that it has commenced an investigation into the Company's revenue accounting policies, internal controls and related matters, and requested that the Company retain certain documents for the periods beginning with January 1, 2017. As an additional measure prior to the Company filing the Form 10-K, the Audit Committee of the Company's Board of Directors is conducting an independent review of the Company's revenue accounting policies, internal controls and related matters with the assistance of outside counsel and accounting advisors."
The plaintiff claims that between May 10, 2017 and February 27, 2019, the defendants made false and/or misleading statements and/or failed to disclose that Syneos Health's internal control over financial reporting was inadequate, that concerns regarding Syneos Health's internal control over financial reporting would result in heightened regulatory scrutiny and an SEC investigation into the company's revenue accounting policies, internal controls and related matters, and that as a result, defendants' statements about Syneos Health's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Syneos Health, Inc. (NASDAQ: SYNH) have certain options and should contact the Shareholders Foundation.
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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.
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