Press release
Investigation announced for Investors in Accolade, Inc. (NASDAQ: ACCD) over potential Wrongdoing
An investigation on behalf of investors in Accolade, Inc. (NASDAQ: ACCD) shares over potential wrongdoing at Accolade, Inc.
Investors who purchased shares of Accolade, Inc. (NASDAQ: ACCD) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Accolade, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Plymouth Meeting, PA based Accolade, Inc. develops and provides technology-enabled solutions that help people to understand, navigate, and utilize the healthcare system and their workplace benefits in the United States. Accolade, Inc. reported that its Total Revenue rose from $132.5 million for the 12 months period that ended on February 29, 2020 to $170.35 million for the 12 months period that ended on February 28, 2021, and that its Net Loss over those respective time periods declined from $51.36 million to $50.65 million.
On April 28, 2022, after market hours, Accolade, Inc. released its 2022 4th quarter financial results. Accolade revealed that "a large customer notified us that they would be ending their service relationship with us after the end of calendar 2022." Furthermore, Accolade, Inc. reported steep losses, with a quarterly loss of $0.27 per share, missing consensus estimates. During the earnings call, Accolade CEO Rajeev Singh revealed that the 'large customer' was Comcast, one of Accolade's largest and oldest customers.
Shares of Accolade, Inc. (NASDAQ: ACCD) declined from $19.39 per share on April 4, 2022, to as low as $4.61 per share on April 29, 2022.
Those who purchased shares of Accolade, Inc. (NASDAQ: ACCD) have certain options and should contact the Shareholders Foundation.
Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in Accolade, Inc. (NASDAQ: ACCD) over potential Wrongdoing here
News-ID: 2647980 • Views: …
More Releases from Shareholders Foundation
ALERT: Lawsuit filed for Investors who SOLD shares of Sina Corporation (formerly …
An investor, who sold shares of Sina Corporation (formerly NASDAQ: SINA) in the merger between Seina Corporation and TuSimple Holdings, Inc, filed a lawsuit over alleged violations of Federal Securities Laws by Sina Corporation (formerly NASDAQ: SINA in connection with certain allegedly false and misleading statements made.
If you sold a significant amount of shares of Sina Corporation (formerly NASDAQ: SINA) between October 13, 2020 and March 22, 2021, you have…
Lawsuit Alert: Investors who lost money with shares of Fluor Corporation (NYSE: …
An investor, who purchased shares of Fluor Corporation (NYSE: FLR), filed a lawsuit alleged violations of Federal Securities Laws by Fluor Corporation in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Fluor Corporation (NYSE: FLR) have certain options and for certain investors are short and strict deadlines running. Deadline: November 14, 2025. NYSE: FLR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779…
Investigation announced for Long-Term Investors in shares of Sable Offshore Corp …
An investigation was announced for long-term investors in shares of Sable Offshore Corp. (NYSE: SOC) concerning potential breaches of fiduciary duties by certain directors of Sable Offshore Corp.
Investors who are current long term investors in Sable Offshore Corp. (NYSE: SOC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in…
Lawsuit filed for Investors who lost money with shares of Lantheus Holdings, Inc …
An investor, who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH), filed a lawsuit over alleged violations of Federal Securities Laws by Lantheus Holdings, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Lantheus Holdings, Inc. (NASDAQ: LNTH) have certain options and for certain investors are short and strict deadlines running. Deadline: November 10, 2025. NASDAQ: LNTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
More Releases for Accolade
CK Health and Wellbeing Scoops Regional Business Accolade
November 27, 2020 - Naturopathy and massage therapy venture, CK Health and Wellbeing, has been named among the regional winners of Hunter Business Awards 2020.
The award-winning clinic, which services communities across Newcastle, Hunter and Lake Macquaries, has won the Micro Business of the Year 2020 award for the Hunter Region.
CK Health and Wellbeing was named among the award winners at an awards night on November 20 at Civic…
Hungary bags world’s Best Architecture accolade
The Museum of Ethnography, which is part of the Liget park project based in Bucharest has won the fiercely contested title of World’s Best Architecture at the 2018 International Property Awards. The project was one of over 1700 entries from 115 countries, scrutinised by a judging committee, which is chaired by four UK Lords as well as over 80 global experts.
The International Property Awards, which recognises the finest property,…
Wyboston Lakes Head Hunter Awarded Top European Accolade
International executive placement specialist Christopher Luttik has been recognised as one of the UK’s leading head hunters when he recently received a Bronze accolade from MRI Network, the oldest, largest and most successful recruitment organisations in the world. Presented at their recent convention in Madrid, Christopher came third out of over 250 European franchisees who find and place top flight specialists and key executives in leading international corporations. …
Enfield Logistics Firm Awarded with Top Accolade
Middlesex, England (March 09 2011) – Madex Logistics, a freight distribution company offering local, UK and European delivery services, were given the ‘Member of the Year 2010’ award by international logistics network, Palletways.
The national award followed shortly after the local distribution firm, which collects and delivers small consignments of palletised freight to customers in the Enfield postcode area, achieved platinum member status with Palletways.
The Palletways Group, which was founded…
New SCORM accolade for eXact learning solutions’ LCMS
eXact Learning Solutions, one of the world’s leading providers of learning content management systems (LCMS) and digital repository (DR) solutions, has announced that the latest version of its LCMS – eXact LCMS version 7 – has been certified as conforming to the latest SCORM standard: SCORM 2004 Third Edition.
The Sharable Content Object Reference Model (SCORM) is a collection of standards and specifications adapted from multiple sources to provide a…
FDM Group win accolade for graduate placements
International IT services provider, FDM Group, has been given a major award for its graduate scheme recruitment.
The IT Company came out on top in the 'Best Technical Graduate Recruiter' category at the National Graduate Recruitment Awards last Friday (October 22nd).
In addition, FDM Group finished runner-up to Doosan Power Systems in the 'Best Training Programme' segment, winning praise from the judges.
'FDM has launched the careers of over 2000 IT Consultants…
