NAPLES, FL--(Marketwire -05/09/12)- Leading Investment Losses Law Firm Gilman Law LLP announces that an Allscripts Healthcare Solutions Securities Fraud Lawsuit (MDRX) has commenced in the United States District Court for the Northern District of Illinois (Case: 1:12-cv-03297) on behalf of purchasers of the common stock of Allscripts Healthcare Solutions, Inc. ("Allscripts" or the "Company") during the period between November 9, 2010 and April 26, 2012, inclusive (the "Class Period").
The lawsuit alleges that the Company failed to disclose that the process of developing a unified product offering after the merger of Allscripts-Misys Healthcare Solutions, Inc. and Eclypsis Corporation in August 2010 suffered debilitating setbacks, including major undisclosed schisms among the most senior levels of the Company, which ultimately resulted in the loss of key personnel and harmful upheaval in Company leadership, thereby violating the Securities Exchange Act of 1934. Additionally, the lawsuit alleges that a material portion of Allscripts' revenue and net income was predicated on the successful integration of these systems, and substantial business relationships had been destroyed by the Company's inability to make material progress in this area.
If you have suffered a net loss for all transactions in Allscripts Healthcare Solutions, Inc. common stock during the Class Period, you are encouraged to contacts Gilman Law before the July 2, 2012 Deadline. Investors may contact Gilman Law LLP at (239) 221-8301 or by email at email@example.com for a free evaluation of your case. Investors may also read more about the Allscripts Healthcare Solutions Securities Fraud Lawsuit on our website. You are not required to have sold your shares to seek damages or to serve as a Lead Plaintiff.
About Gilman Law LLP:
The securities fraud lawyers at Gilman Law have over 32 years of experience litigating securities and other types of class action cases and have been involved in all major aspects of securities litigation. Gilman Law focuses on cases involving stock manipulation, securities fraud, investments fraud, shareholder rights violations, and securities arbitration. For a free evaluation of your case or to obtain additional information, please visit our Investment Losses Law Firm Website or call TOLL FREE (888) 252-0048.
Kenneth G. Gilman, Esq.
Gilman Law LLP