Harwood Feffer LLP Announces Investigation of HMS Holdings Corp.
Mar 3, 2017
NEW YORK, March 3, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of HMS Holdings Corp. ("HMS" or the "Company") (NASDAQ: HMSY) concerning whether the board has breached its fiduciary duties to shareholders.
On March 2, 2017, HMS disclosed that it would be unable to timely file its 2016 Form 10-K and that its auditor believes the Company suffers from a material weakness in internal controls over financial reporting. The Company also disclosed that it is "continuing to evaluate whether this issue affects its consolidated financial results, primarily focusing on prior periods in which revenue relating to the CMS business was recorded."
If you own HMS shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP