Omnicell, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe & Powers Taylor Investigate Possible Breaches of Fiducia...

Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor LLP announce that a federal class action lawsuit has been filed in the United States District Court for the Northern District of California against Omnicell, Inc. (“Omnicell”) (NASDAQ: OMCL) and several officers and directors for acts taken during the period of May 2, 2014 to March 2, 2015 (the “Class Period”).

Based upon the allegations in the class action, the firms are investigating additional legal claims against the officers and Board of Directors of Omnicell. If you are an affected Omnicell shareholder and want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, via email at [e-mail], or Patrick Powers at Powers Taylor LLP, via email at [e-mail], or by calling toll free at [phone]. There is no cost or fee to you.

According to the complaint, the defendants are alleged to have violated certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges, among other things, that defendants failed to disclose the existence of a “side letter” arrangement with one of its customers for certain discounts and products that were to be provided at no cost. Omnicell announced on March 2, 2015 that it would be unable to timely file its Form 10-K for the year ended December 31, 2014 until it had the opportunity to investigate the side letter agreement. Omnicell stock dropped significantly immediately following this announcement.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLCWillie [e-mail] Taylor LLPPatrick Powers, [e-mail]