PR Newswire
NEW YORK, Nov. 13, 2020 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of MultiPlan Corporation (NYSE: MPLN) resulting from allegations that MultiPlan may have issued materially misleading business information to the investing public.
On November 11, 2020, Muddy Waters Research published a report entitled “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab[.]” The Muddy Waters report described a series of issues involving MultiPlan including that “MPLN is in the process of losing its largest client, UnitedHealthcare (‘UHC’). UHC has formed a competitor to MPLN that offers significantly lower prices and fewer conflicts of interest.”
On this news, MultiPlan’s stock price fell $2.46 per share, or 28%, over the next two trading days to close at $6.27 per share on November 12, 2020.
Rosen Law Firm is preparing a securities lawsuit on behalf of MultiPlan shareholders. If you purchased securities of MultiPlan please visit the firm’s website at http://www.rosenlegal.com/cases-register-1983.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/rosen-a-top-ranked-law-firm-announces-investigation-of-securities-claims-against-multiplan-corporation-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm–mpln-301172833.html
SOURCE Rosen Law Firm, P.A.
