{"id":386354,"date":"2020-11-22T01:53:24","date_gmt":"2020-11-22T06:53:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386354"},"modified":"2020-11-22T01:53:24","modified_gmt":"2020-11-22T06:53:24","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation &#8211; MPLN"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Nov.  22, 2020  (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of MultiPlan Corporation (\u201cMultiPlan or the \u201cCompany\u201d) (NYSE:\u00a0MPLN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gPj9oo-NDfsnMSvbPV4_TwqK6NtmACnQa8jHPrz4FWMsLSuvyPLfgaVGLrlRQnyq2_dJIeVUBCAwjKV8sjjenAulmpmi2cDskBYmAqXdNaA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>newaction@pomlaw.com<\/u><\/a> or 888-476-6529, ext. 7980.<\/p>\n<p align=\"justify\">The investigation concerns whether MultiPlan and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GemeFZ1t-drApP5W9AovAobDllML_RZPa_MMaQ0UNodv8hLXgMdKlzS3mAIhkINkdbj4gz-II8uduh6JIbGk6_oqjX-52VH2tLeDsNjIVxmZ2jhOQ-S--NhtUCYsiaCn3DLVRqEThHsn6G16OVqDaoZZ0583Y1yw9VmeBeyWXHU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>[Click here for information about joining the class action]<\/u><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p align=\"justify\">On November 11, 2020, Muddy Waters Research (\u201cMuddy Waters\u201d) released a report entitled \u201cMultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.\u201d\u00a0 Among other issues, the Muddy Waters report asserted that MultiPlan is \u201cin financial decline, and its financial statements were engineered to obscure this existing deterioration\u201d and that the Company \u201cis in the process of losing its largest client, UnitedHealthcare (\u2018UHC\u2019),\u201d which \u201chas formed a competitor to MultiPlan that offers significantly lower prices and fewer conflicts of interest.\u201d\u00a0<\/p>\n<p align=\"justify\">On this news, MultiPlan\u2019s stock price fell $1.72 per share, or 19.7%, to close at $7.01 per share on November 11, 2020.<\/p>\n<p align=\"justify\">The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=SOp6XYZGs-dASB4zaFW-0q9xSjGVFvTyPz1g_KN9F9M_FB9f0rIuNwSelwe0-FTfNW3w4GuPUbk71CjCuYdLDEifiBZAZ5QAiyuYgkDhUH4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.pomerantzlaw.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>CONTACT:<br \/><\/strong>Robert S. Willoughby<br \/>Pomerantz LLP<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gg-ZpL36DG6WNzFMAgsFFnCdQEOy4PYIrNYdRXw4FvlRDabklsV6TC50BJJtwje_1lnqcRHiQK3CzpmqH5cXcOnDHn8yGDSO-97ZY4MMhb4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>rswilloughby@pomlaw.com<\/u><\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1Qg-K0aor3I90kuPD1Xs_SXFxjGND2nxgn6Lyj4OZC7aA--ScVnZAGxioqPVnW9yc20y2hOI_UnFTRkMzMDx1A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/><\/a>888-476-6529 ext. 7980<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDMzMCMzODM4ODcwIzIwMTc2NDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7b1b4fba-8f95-479d-be6c-96c6d45460cc\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 22, 2020 (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of MultiPlan Corporation (\u201cMultiPlan or the \u201cCompany\u201d) (NYSE:\u00a0MPLN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether MultiPlan and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On November 11, 2020, Muddy Waters Research (\u201cMuddy Waters\u201d) released a report entitled \u201cMultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.\u201d\u00a0 Among other issues, the Muddy Waters report asserted that MultiPlan is \u201cin financial decline, and its financial statements were engineered to obscure this existing deterioration\u201d and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation &#8211; MPLN&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386354","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation - MPLN - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation - MPLN - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 22, 2020 (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of MultiPlan Corporation (\u201cMultiPlan or the \u201cCompany\u201d) (NYSE:\u00a0MPLN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether MultiPlan and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On November 11, 2020, Muddy Waters Research (\u201cMuddy Waters\u201d) released a report entitled \u201cMultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.\u201d\u00a0 Among other issues, the Muddy Waters report asserted that MultiPlan is \u201cin financial decline, and its financial statements were engineered to obscure this existing deterioration\u201d and &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation &#8211; MPLN&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-22T06:53:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDMzMCMzODM4ODcwIzIwMTc2NDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation &#8211; 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Pomerantz LLP is investigating claims on behalf of investors of MultiPlan Corporation (\u201cMultiPlan or the \u201cCompany\u201d) (NYSE:\u00a0MPLN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether MultiPlan and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On November 11, 2020, Muddy Waters Research (\u201cMuddy Waters\u201d) released a report entitled \u201cMultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.\u201d\u00a0 Among other issues, the Muddy Waters report asserted that MultiPlan is \u201cin financial decline, and its financial statements were engineered to obscure this existing deterioration\u201d and &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation &#8211; MPLN\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-22T06:53:24+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDMzMCMzODM4ODcwIzIwMTc2NDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-multiplan-corporation-mpln-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MultiPlan Corporation &#8211; 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