The Rosen Law Firm is investigating potential securities claims on behalf of TruBridge shareholders, alleging the company may have issued materially misleading business information. The investigation follows TruBridge's March 17, 2026, filing of a Notification of Late Filing on Form 12b-25, in which it disclosed the identification of out-of-period errors in previously issued financial statements for the years ended December 31, 2024 and December 31, 2023, as well as errors in condensed financial statements for the quarters ended March 31, June 30, and September 30, 2025. These errors relate to revenue recognition and related contract cost, stock-based compensation expense, and capitalized software development expense. On the news, TruBridge's stock price fell $1.84 per share, or 10.5%, to close at $15.75 per share on March 17, 2026. The Rosen Law Firm is preparing a class action seeking recovery of investor losses on a contingency fee basis.
TruBridge Inc.Rosen Law Firm investigation and class action over allegedly misleading financial statements and revenue recognition errors.