GlobeNewsWire
13 Jun 2026, 17:02 UTC · 3h ago
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TruBridge, Inc. identified material errors in previously issued financial statements for fiscal years 2023, 2024, and quarters of 2025 relating to revenue recognition and expenses. — Financial restatements and errors in revenue recognition are major red flags for investors, suggesting poor internal controls and unreliable historical growth data.
-0.80TruBridge filed a Notification of Late Filing (Form 12b-25) because it was unable to file its Annual Report for the fiscal year ended December 31, 2025. — Failure to file timely annual reports often leads to increased volatility and can risk NASDAQ delisting if the delay persists.
-0.60The Rosen Law Firm is investigating potential securities claims and preparing a class action lawsuit against TruBridge for allegedly issuing misleading information. — The prospect of a class action lawsuit introduces further legal risk and potential future liabilities for the company.
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The company is facing a securities class action investigation following reports of materially misleading financial statements and errors in revenue recognition.
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