NEW YORK, July 1, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Quality Systems, Inc. ("Quality Systems" or the "Company") (Nasdaq: QSII) for possible breaches of fiduciary duty.
Click here to learn more about the investigation: http://zlk.9nl.com/quality-systems-qsii/, or call: 877-363-5972. There is no cost or obligation to you.
The complaint alleges that the Company made materially false and misleading statements and/or failed to disclose materially adverse factors regarding the Company's growth prospects, including its guidance for fiscal years 2012 and 2013. On July 26, 2012—just three days after affirming its prior guidance—Quality Systems announced that its earnings per share had precipitously declined; as a result of this decline, the Company announced it was retracting its guidance. Upon this news, shares of Quality Systems fell from a close of $23.36 per share the prior business day to a close of $15.95 per share.
If you own Quality Systems and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/quality-systems-qsii/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky
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