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OMCL Omnicell Inc

26.81
-0.59 (-2.15%)
After Hours
Last Updated: 22:30:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Omnicell Inc NASDAQ:OMCL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.59 -2.15% 26.81 26.06 28.33 27.42 26.63 26.95 491,090 22:30:00

INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Omnicell, In...

20/03/2015 10:00pm

PR Newswire (US)


Omnicell (NASDAQ:OMCL)
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NEW YORK, March 20, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Omnicell, Inc. ("Omnicell" or the "Company") (NasdaqGS: OMCL).

MM38856LOGO

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that (1) a "side letter" arrangement existed between Omnicell and a key customer for certain discounts and Company products that were provided at no cost, but which were not reflected in final invoices paid by the customer; and (2) the Company lacked adequate internal controls over its financial reporting.

After market close on March 2, 2015, Omnicell disclosed that it would be unable to file its Annual Report Form 10-K the year ended December 31, 2014 as "additional time is required by the Company to investigate a notice received on February 27, 2015 from a Company employee alleging, among other things, the existence of a 'side letter' agreement with a Company customer for certain discounts and Company products that were to be provided at no cost, but which were not reflected in the final invoices paid by the customer."

On this unexpected news, Omnicell shares dropped by over 6% to close at $33.08 per share on March 3, 2015.

Request more information now by clicking here:  www.faruqilaw.com/OMCL. There is no cost or obligation to you.

Take Action

If you invested in Omnicell stock or options between May 2, 2014 and March 2, 2015 and would like to discuss your legal rights, please visit www.faruqilaw.com/OMCL. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding Omnicell's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn:  Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

Logo - http://photos.prnewswire.com/prnh/20120119/MM38856LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investor-alert-faruqi--faruqi-llp-encourages-investors-who-suffered-losses-in-excess-of-100000-investing-in-omnicell-inc-omcl-to-contact-the-firm-300053915.html

SOURCE Faruqi & Faruqi, LLP

Copyright 2015 PR Newswire

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