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LEAD PLAINTIFF DEADLINE: The Alexander Firm P.C. Announces Upcoming Lead Plaintiff Deadline of March 17, 2014, Concerning Class Actions Against Merge Healthcare, Inc.
[March 06, 2014]

LEAD PLAINTIFF DEADLINE: The Alexander Firm P.C. Announces Upcoming Lead Plaintiff Deadline of March 17, 2014, Concerning Class Actions Against Merge Healthcare, Inc.


LOS ANGELES --(Business Wire)--

The Alexander Firm P.C., A Professional Law Corporation, reminds investors who purchased or acquired shares of Merge Healthcare, Inc. ("Merge" or the "Company") (NASDAQ: MRGE) between August 1, 2012 and January 7, 2014, that the deadline of March 17, 2014, is quickly approaching to move for Lead Plaintiff in the securities class actions filed on behalf of investors against the Company and certain of its officers ad directors.



The actions allege that Merge and certain of its officers and directors misrepresented and/or failed to disclose that: (1) the Company's reported subscription backlog and its reported increase in backlog were false and overstated during the six quarters ended September 30, 2013; (2) the Company was experiencing a continued reluctance among large health systems to move forward with enterprise purchases; and (3) the Company's deficient internal controls resulted in the failure to properly log and verify customer contracts and appropriately calculate the commissions of its sales force.

If you purchased or acquired Merge common stock between August 1, 2012 and January 7, 2014, you have until March 17, 2014, to move the Court to be appointed Lead Plaintiff. If you believe you have suffered losses in excess of $100,000, 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 Vahn Alexander, Esq., The Alexander Firm P.C., A Professional Law Corporation, 1875 Century Park East, Suite 700, Los Angeles, California 90067, by telephone at (310) 407-5335, or by email to [email protected], or visit our website at www.alexanderfirmpc.com. With 20 years of class action and complex litigation experience, The Alexander Firm is committed to protecting the rights of investors throughout the Country. This press release may be considered Attorney Advertising in some jurisdictions.



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