Hagens Berman alerts Omnicell's (OMCO) class action lawsuit and encourages investors with more than $ 50,000 in losses to contact the firm

SAN FRANCISCO, July 19, 2019 / PRNewswire / – Hagens Berman Sobol Shapiro LLP informs investors about Omnicell, Inc. (NASDAQ: OMCL) Securities Clbad Action, Bursick c. Omnicell, Inc. and others, No. 3: 19-cv-04150, filed in the North District District Court of California.

If you bought or otherwise acquired OMCL securities enter October 25, 2018 and July 11, 2019 (the "clbad period")you do not need to register to become a potential investor.

If you have suffered significant losses (greater than $ 50,000) you may be eligible to be principal applicant – the one who selects and supervises the lawyers in charge of the case.

If you wish to act as principal applicant in this clbad action, you must move the court at the latest September 16, 2019 (the "lead applicant's deadline"). Contact Hagens Berman immediately for more information on the case and be a principal applicant:

https://www.hbsslaw.com/investor-fraud/omnicell

or contact Reed Kathrein, who leads the company's investigation, calling 510-725-3000 or emailing

[email protected].

According to the complaint, The defendants misled investors by concealing that Omnicell (1) improperly accounted for its products, (2) the demand for new product lines was lower than expected, (3) would be required to write off some obsolete stocks and (4) misclbadify certain expenses as capitalized expenses.

"We are focusing on investor losses, whether with Omnicell or its executives, who have committed a breach of GAAP, and, if so, to what extent investors may have been misled," he said. declared Hagens Berman partner Reed Kathrein.

whistleblowers: Persons with non-public information about Omnicell should consider their options for contributing to the investigation or benefiting from the SEC's whistleblower program. Under the new program, whistleblowers who provide original information can receive up to 30% of rewards on any successful recovery by the SEC. For more information contact Reed Kathrein at 510-725-3000 or send an email to [email protected].

Sure Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities across the country and eighty lawyers. The firm represents investors, whistleblowers, workers and consumers in complex litigation. To learn more about the company and its success, visit hbsslaw.com. For the latest news, visit our writing or follow us on Twitter at @clbadactionlaw.

Contact:
Reed Kathrein, 510-725-3000

SOURCE Bean Hagens Sobol Shapiro LLP

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