INVESTOR ALERT: Investigation on Behalf of Investors of Omnicell, Inc. Announced by Law Offices of Howard G. Smith
March 20 2015 - 4:32PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims on behalf of investors of Omnicell,
Inc. (“Omnicell” or the “Company”) (NASDAQ:OMCL) concerning
possible violations of federal securities laws. The investigation
is focused on the Company’s operations and financial performance.
Omnicell provides automation and business information solutions
designed to enable hospitals and long-term healthcare facilities to
acquire, manage, dispense and administer medications and
medical-surgical supplies.
The investigation is related to the Company’s March 2, 2015,
disclosure in a regulatory filing that Omnicell is unable to timely
file its Annual Report on Form 10-K for the year ended December 31,
2014, and intends to file the Form 10-K within fifteen calendar
days of the original due date. According to the Company,
“additional time is required by the Company to investigate a notice
received on February 27, 2015 from a Company employee alleging,
among other matters, the existence of a ‘side letter’ arrangement
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.” Following this news,
Omnicell shares fell $2.14 per share, or more than 6%, on March 3,
2015.
If you purchased Omnicell shares between May 2, 2014 and March
2, 2015, if you have information or would like to learn more about
these claims, or if you have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith, Esquire(215)
638-4847(888)
638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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