Rosen Law Firm Encourages TruBridge, Inc. Investors to Inquire About Securities Class Action Investigation - TBRG
TruBridgeTruBridge(US:TBRG) Prnewswire·2026-03-30 21:37

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of TruBridge, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Company Information - TruBridge, Inc. filed a Notification of Late Filing on Form 12b-25 on March 17, 2026, indicating its inability to file its Annual Report for the fiscal year ended December 31, 2025, due to the identification of out-of-period errors in previously issued financial statements [3]. - The errors identified relate to revenue recognition, contract costs, stock-based compensation expenses, and capitalized software development expenses, necessitating revisions to previously issued consolidated financial statements for the years ended December 31, 2024, and December 31, 2023 [3]. - Following the announcement of these issues, TruBridge's stock price fell by $1.84 per share, or 10.5%, closing at $15.75 per share on March 17, 2026 [3]. Group 2: Legal Action - Investors who purchased TruBridge securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses and encourages affected investors to join the prospective class action [2].

Rosen Law Firm Encourages TruBridge, Inc. Investors to Inquire About Securities Class Action Investigation - TBRG - Reportify