GlobeNewsWire
16 Jun 2026, 00:00 UTC · 3h ago
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TruBridge, Inc. (TBRG) identified out-of-period errors in financial statements for 2023, 2024, and several 2025 quarters relating to revenue recognition, contract costs, stock-based compensation, and capitalized software development. — Accounting errors and the need to revise multiple years of financial statements indicate poor internal controls and potentially inflate previous earnings, which typically triggers significant investor distrust.
-0.80TruBridge filed a Notification of Late Filing (Form 12b-25) as it was unable to file its Annual Report for the fiscal year ended December 31, 2025. — Failure to file mandated annual reports is a major red flag for regulators and investors, often leading to increased risk of delisting or credit rating downgrades.
-0.60The Rosen Law Firm is investigating potential securities claims and preparing a class action lawsuit against TruBridge for allegedly issuing materially misleading business information. — While common, a formal class action investigation adds legal overhang and potential future financial liabilities to the company's balance sheet.
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The company is facing a class action lawsuit following allegations of misleading business information and significant financial statement errors.
The company is being targeted by a law firm reminding investors of potential securities claims.
The company is being targeted by a law firm reminding investors of potential securities claims.
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