Tag Archives: MRGE

Securities Fraud Class Action Investigation: Merge Healthcare Inc. (Nasdaq: MRGE)

What is Securities Fraud?

Securities fraud takes a variety of forms.  All dishonest actions on the part of publicly traded corporations can cause their investors serious financial harm. When the market reacts negatively to news of wrongdoing, share prices decrease, and investors lose money.

Merge Healthcare’s Falsified Contracts and Overstated Figures

On January 8, 2014, MRGE issued a corrective disclosure (PDF) confessing that the company had “falsified the existence or amount of certain customer contracts.” This is the second time Merge Healthcare has had problems with ethics. In 2009, the SEC charged two former senior executives with accounting fraud, in a scandal that caused the stock price to plummet. Continue reading

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