Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Premier, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Premier, Inc. (“Premier” or “the Company”) (NASDAQ: PINC). Investors who purchased Premier securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Premier has violated federal securities laws.
Investigation Details
On February 4, 2025, Premier issued a press release “report[ing] financial results for the fiscal-year 2025 second quarter ended December 31, 2024.” Among other items, Premier reported revenue of $240.3 million, representing a decline of 3.2% year over year and missing consensus estimates by $2.91 million. The Company also reported a GAAP net loss from continuing operations of $45.8 million, or $0.60 per fully diluted share, which includes a $126.8 million impairment charge to goodwill related to Premier’s data and technology business in the Performance Services segment. On this news, Premier’s stock price fell $3.29 per share, or 14.69%, to close at $19.11 per share on February 4, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Premier securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
PINC — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”