PRNewsWire
25 Jun 2026, 08:19 UTC · 3h ago
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Phreesia, Inc. (PHR) is facing a class action lawsuit alleging securities law violations regarding false and misleading statements about its growth projections. — Legal challenges regarding financial misrepresentation create regulatory risk and can damage investor confidence in management's guidance.
-0.40The lawsuit claims Phreesia knew industry uncertainty threatened its revenue guidance while publicly asserting that its FY2027 growth projections were reliable. — Specific allegations that a company's internal knowledge contradicted its public growth narrative suggests potential future earnings misses.
-0.30Which stocks this story touches
The company is identified as being sued for securities law violations.
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The company is facing a class action lawsuit alleging false and misleading statements regarding its growth projections.
The company is identified as being sued for securities law violations.
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