On or around 07/28/2017 (Notice of voluntarily dismissal)
Filing Date: March 03, 2017
According to the law firm press release, the lawsuit alleges defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) HMS lacked effective internal control over financial reporting; and (2) as a result, HMS’s financial statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
This case was transferred to the Northern District of Texas on May 19, 2017.
This case was voluntarily dismissed on July 28, 217.
Company & Securities Information
Defendant: HMS Holdings Corp.
Industry: Business Services
Headquarters: United States
Ticker Symbol: HMSY
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Mary Danahar, et al. v. HMS Holdings Corp., et al.