{"id":446347,"date":"2021-02-26T16:46:10","date_gmt":"2021-02-26T21:46:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=446347"},"modified":"2021-02-26T16:46:10","modified_gmt":"2021-02-26T21:46:10","slug":"investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/","title":{"rendered":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe law firm of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=1&amp;md5=18ee127039bee5b590f03830b2ba1097\">Kirby McInerney LLP<\/a> remind investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired MultiPlan Corporation (\u201cMultiPlan\u201d or the \u201cCompany\u201d) f\/k\/a Churchill Capital Corp. III (\u201cChurchill III\u201d) (NYSE: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FMPLN%3Fp%3DMPLN&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=MPLN&amp;index=2&amp;md5=e5e31304524382ad368f7c904fb3b1f5\">MPLN<\/a>) securities from July 12, 2020 through November 10, 2020, inclusive (the \u201cClass Period\u201d). Investors have until April 26, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n<\/p>\n<p>\nChurchill III is a blank check company that merged with MultiPlan, a healthcare cost specialist. In July 2020, Churchill III announced that it had entered into a preliminary agreement, subject to shareholder approval, to merge with MultiPlan (the \u201cMerger\u201d). MultiPlan is a New York-based data analytics end-to-end cost management solutions provider to the U.S. healthcare industry. The MultiPlan class action lawsuit alleges that defendants made materially false and misleading statements in connection with the Merger and during the Class Period regarding the business, operation, and prospects of MultiPlan.\n<\/p>\n<p>\nOn November 11, 2020 \u2013 only one month after the close of the Merger \u2013 Muddy Waters published a report on Churchill III titled \u201cMultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab\u201d (the \u201cMuddy Waters Report\u201d). Among other revelations, the Muddy Waters Report revealed that MultiPlan was in the process of losing its largest client, UnitedHealthcare, which was estimated to cost the Company up to 35% of its revenues and 80% of its levered free cash flow within two years.\n<\/p>\n<p>\nAs a result of this news, the price of Churchill III securities plummeted approximately 20%, or $1.72 per share, to close at $7.01 per share on November 11, 2020.\n<\/p>\n<p>\nIf you purchased or otherwise acquired Multiplan securities, have information, or would like to learn more about these claims, please contact<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2Fattorney.asp%3Fkey%3D44&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=Thomas+W.+Elrod&amp;index=3&amp;md5=4cc3ddcd8dfcc3c1bc3ccb7dafdab7f1\"> Thomas W. Elrod<\/a> of<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=4&amp;md5=2b8b9b3b5c58e640022207b3a315cb72\"> Kirby McInerney LLP<\/a> at 212-371-6600, by email at <a rel=\"nofollow\" href=\"mailto:investigations@kmllp.com\">investigations@kmllp.com<\/a>, or by filling out this <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kmllp.com%2Finvestigation-MultiPlan-Corporation&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=contact+form&amp;index=5&amp;md5=8735eda7abbcf07733372731774c572a\">contact form<\/a>, to discuss your rights or interests with respect to these matters without any cost to you.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=Kirby+McInerney+LLP&amp;index=6&amp;md5=c3d4b6434923aaa7433b0576c8d5a11a\">Kirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website:<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.kmllp.com&amp;index=7&amp;md5=30a5d8a6af08d9030ab2f10a1c9705cb\"> http:\/\/www.kmllp.com<\/a>.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210226005670\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210226005670\/en\/<\/a><\/span><\/p>\n<p>\nKirby McInerney LLP<br \/>\n<br \/>Thomas W. Elrod, Esq.<br \/>\n<br \/>212-371-6600<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kmllp.com%2F&amp;esheet=52386810&amp;newsitemid=20210226005670&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.kmllp.com&amp;index=8&amp;md5=bbd84f29103f7b6090f8d50e87b27ca7\">https:\/\/www.kmllp.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"mailto:investigations@kmllp.com\">investigations@kmllp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210226005670\/en\/774509\/3\/new_KM_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP remind investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired MultiPlan Corporation (\u201cMultiPlan\u201d or the \u201cCompany\u201d) f\/k\/a Churchill Capital Corp. III (\u201cChurchill III\u201d) (NYSE: MPLN) securities from July 12, 2020 through November 10, 2020, inclusive (the \u201cClass Period\u201d). Investors have until April 26, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Churchill III is a blank &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021&#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-446347","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 - 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\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP remind investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired MultiPlan Corporation (\u201cMultiPlan\u201d or the \u201cCompany\u201d) f\/k\/a Churchill Capital Corp. III (\u201cChurchill III\u201d) (NYSE: MPLN) securities from July 12, 2020 through November 10, 2020, inclusive (the \u201cClass Period\u201d). Investors have until April 26, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Churchill III is a blank &hellip; Continue reading &quot;INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-26T21:46:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021\",\"datePublished\":\"2021-02-26T21:46:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\\\/\"},\"wordCount\":502,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210226005670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\\\/\",\"name\":\"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/","og_locale":"en_US","og_type":"article","og_title":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 - Market Newsdesk","og_description":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 NEW YORK&#8211;(BUSINESS WIRE)&#8211; The law firm of Kirby McInerney LLP remind investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired MultiPlan Corporation (\u201cMultiPlan\u201d or the \u201cCompany\u201d) f\/k\/a Churchill Capital Corp. III (\u201cChurchill III\u201d) (NYSE: MPLN) securities from July 12, 2020 through November 10, 2020, inclusive (the \u201cClass Period\u201d). Investors have until April 26, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Churchill III is a blank &hellip; Continue reading \"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-26T21:46:10+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021","datePublished":"2021-02-26T21:46:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/"},"wordCount":502,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210226005670r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-kirby-mcinerney-llp-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-multiplan-corporation-and-encourages-investors-to-contact-the-firm-before-april-26-2021\/","name":"INVESTOR ALERT: Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed Against MultiPlan Corporation and Encourages Investors to Contact the Firm Before April 26, 2021 - 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