SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against HMS Holdings Corp and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / March 23, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against HMS Holdings Corp (“HMS” or the “Company”) (NASDAQ: HMSY). Investors who purchased or otherwise acquired Babcock shares between May 10, 2015, and February 28, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the May 2, 2017 lead plaintiff deadline.

If you purchased shares of HMS during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

HMS announced that it would not file its fiscal year 2016 Form 10-K on time, and that its auditor had identified what it thought was a weakness in the Company’s internal controls over fiscal reporting regarding CMS reserves. HMS stated 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.”

When this information was offered to the investing public, HMS stock dropped, causing investors serious harm.

If you wish to learn more about this lawsuit at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Khang & Khang LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 458051