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Class Action Cases

A class action has been filed on behalf of Omnicell, Inc. Investors. Click "Join this Class Action" above.

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Omnicell, Inc.

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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Omnicell, Inc. (NASDAQ: OMCL) from October 25, 2018 through April 9, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Omnicell investors under the federal securities laws.

If you bought Omnicell securities between October 25, 2018 and April 9, 2019, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Omnicell, Inc. – OMCL

New York, N.Y., July 19, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Omnicell, Inc. (NASDAQ: OMCL) from October 25, 2018 through April 9, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Omnicell investors under the federal securities laws.

To join the Omnicell class action, go to http://zhanginvestorlaw.com/cases/omnicell-inc/ or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Omnicell recognized revenue for certain transactions before fulfilling its performance obligations; (2) the Company engaged in improper accounting practices to meet revenue targets; (3) the Company engaged in improper accounting practices to meet revenue targets; (4) as a result, the Company would be required to write-off certain inventory; (5) the Company misclassified certain expenses as capitalized expenditures; and (6) as a result, defendants’ statements about Omnicell’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 16, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/omnicell-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.
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