Company Website:
http://www.bespc.com
NEW YORK -- (Business Wire)
Bragar Eagel & Squire, P.C. reminds investors that a class action
lawsuit has been filed in the U.S. District Court for the Central
District of California on behalf of all persons or entities who
purchased or otherwise acquired NantHealth, Inc. (NASDAQ: NH) securities
between June 1, 2016 and March 6, 2017 (the “Class Period”). Investors
have until May 8, 2017 to apply to the Court to be appointed as lead
plaintiff in the lawsuit.
On March 6, 2017, the STAT news organization published an article
alleging NantHealth’s CEO’s donation to the University of Utah required
the university to spend $10 million on work performed by NantHealth, an
arrangement which enabled NantHealth to inflate by more than 50 percent
the number of test orders it reported to investors in 2016.
Additionally, the article quoted two tax experts stating that the deal
appeared to violate federal tax rules governing charitable donations.
Following this news, NantHealth shares declined $1.67 per share, or over
23.2%, on March 6, 2017 to close at $5.50 on March 6, 2017.
If you purchased or otherwise acquired NantHealth securities during the
Class Period and suffered a loss or continue to hold shares purchased
prior to the Class Period, have information, would like to learn more
about these claims, or have any questions concerning this announcement
or your rights or interests with respect to these matters, please
contact Brandon Walker or Melissa A. Fortunato by email at investigations@bespc.com,
or telephone at (212) 355-4648, or by filling
out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating
in commercial and securities litigation. For additional information
concerning the NantHealth lawsuit, please go to www.bespc.com/nanthealth.
For additional information about Bragar Eagel & Squire, P.C., please go
to www.bespc.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170504006540/en/
Contacts:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa
A. Fortunato, Esq.
212-355-4648
investigations@bespc.com
Source: Bragar Eagel & Squire, P.C.
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