{"id":451185,"date":"2021-03-04T15:52:11","date_gmt":"2021-03-04T20:52:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451185"},"modified":"2021-03-04T15:52:11","modified_gmt":"2021-03-04T20:52:11","slug":"otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/","title":{"rendered":"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 4, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating securities fraud claims on behalf of shareholders of Ontrak, Inc. (&#8220;Ontrak&#8221; or the &#8220;Company&#8221;) (NASDAQ: OTRK) resulting from allegations that Ontrak might have issued misleading information to the investing public.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg\" title=\"Bernstein Liebhard LLP.  (PRNewsFoto\/Bernstein Liebhard LLP) (PRNewsfoto\/Bernstein Liebhard LLP)\" alt=\"Bernstein Liebhard LLP.  (PRNewsFoto\/Bernstein Liebhard LLP) (PRNewsfoto\/Bernstein Liebhard LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>If you <b>purchased Ontrak securities, and\/or would like to discuss your legal rights and options<\/b> please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3087173-1&amp;h=271108720&amp;u=https%3A%2F%2Fwww.bernlieb.com%2Fcases%2Fontrakinc-otrk-shareholder-class-action-lawsuit-stock-fraud-373%2Fapply%2F&amp;a=Ontrak+Shareholder+Investigation\" rel=\"nofollow noopener noreferrer\">Ontrak Shareholder Investigation<\/a> or contact <a target=\"_blank\" href=\"mailto:MGuarnero@bernlieb.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Matthew E. Guarnero<\/span><\/a> toll free at <b>(877) 779-1414<\/b> or <a target=\"_blank\" href=\"mailto:MGuarnero@bernlieb.com\" rel=\"nofollow noopener noreferrer\">MGuarnero@bernlieb.com<\/a>. <\/p>\n<p>On <span class=\"xn-chron\">March 1, 2021<\/span>, Ontrak issued a press release announced preliminary financial results for fourth quarter and full year 2020.\u00a0 Therein, the Company stated that its largest customer had terminated its contract with Ontrak, effective, <span class=\"xn-chron\">June 26, 2021<\/span><\/p>\n<p>The Company stated that this customer evaluated Ontrak on a provider basis and [a]s such, the customer evaluated [Ontrak&#8217;s] performance based on [its] ability to achieve the lowest possible cost per medical visit, and not on [its] clinical outcomes data or medical cost savings. The Company also stated that the coaching model which Ontrak has pioneered for over a decade was seen by the customer to be less relevant to their performance metrics. On this news, the Company&#8217;s share price fell <span class=\"xn-money\">$27.32<\/span>, or more than 46%, to close at <span class=\"xn-money\">$31.62<\/span> per share on <span class=\"xn-chron\">March 1, 2021<\/span>, thereby injuring investors.<\/p>\n<p>If you <b>purchased Ontrak securities, and\/or would like to discuss your legal rights and options<\/b> please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3087173-1&amp;h=2118674232&amp;u=https%3A%2F%2Fwww.bernlieb.com%2Fcases%2Fontrakinc-otrk-shareholder-class-action-lawsuit-stock-fraud-373%2Fapply%2F&amp;a=https%3A%2F%2Fwww.bernlieb.com%2Fcases%2Fontrakinc-otrk-shareholder-class-action-lawsuit-stock-fraud-373%2Fapply%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.bernlieb.com\/cases\/ontrakinc-otrk-shareholder-class-action-lawsuit-stock-fraud-373\/apply\/<\/a> or contact <a target=\"_blank\" href=\"mailto:MGuarnero@bernlieb.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Matthew E. Guarnero<\/span><\/a> toll free at <b>(877) 779-1414<\/b> or <a target=\"_blank\" href=\"mailto:MGuarnero@bernlieb.com\" rel=\"nofollow noopener noreferrer\">MGuarnero@bernlieb.com<\/a>. <\/p>\n<p>Since 1993, Bernstein Liebhard LLP has recovered over <span class=\"xn-money\">$3.5 billion<\/span> for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to\u00a0<i>The National Law Journal&#8217;s<\/i>\u00a0&#8220;Plaintiffs&#8217; Hot List&#8221; thirteen times and listed in\u00a0<i>The Legal 500\u00a0<\/i>for ten consecutive years.<\/p>\n<p>ATTORNEY ADVERTISING. \u00a9 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, <span class=\"xn-location\">New York, New York<\/span> 10016, (212) 779-1414. The lawyer responsible for this advertisement in the <span class=\"xn-location\">State of Connecticut<\/span> is Michael S. Bigin.\u00a0 Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n<p>Contact Information<br \/><a target=\"_blank\" href=\"mailto:MGuarnero@bernlieb.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Matthew E. Guarnero<\/span><br \/><\/a>Bernstein Liebhard LLP<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3087173-1&amp;h=872461895&amp;u=https%3A%2F%2Fwww.bernlieb.com%2F&amp;a=https%3A%2F%2Fwww.bernlieb.com\" rel=\"nofollow noopener noreferrer\">https:\/\/www.bernlieb.com<br \/><\/a>(877) 779-1414<br \/><a target=\"_blank\" href=\"mailto:MGuarnero@bernlieb.com\" rel=\"nofollow noopener noreferrer\">MGuarnero@bernlieb.com<\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC99602&amp;sd=2021-03-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws-301241014.html\">http:\/\/www.prnewswire.com\/news-releases\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws-301241014.html<\/a><\/p>\n<p>SOURCE  Bernstein Liebhard LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC99602&amp;Transmission_Id=202103041549PR_NEWS_USPR_____DC99602&amp;DateId=20210304\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating securities fraud claims on behalf of shareholders of Ontrak, Inc. (&#8220;Ontrak&#8221; or the &#8220;Company&#8221;) (NASDAQ: OTRK) resulting from allegations that Ontrak might have issued misleading information to the investing public. If you purchased Ontrak securities, and\/or would like to discuss your legal rights and options please visit Ontrak Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com. On March 1, 2021, Ontrak issued a press release announced preliminary financial results for fourth quarter and full year 2020.\u00a0 Therein, the Company stated that its largest customer had terminated its contract with Ontrak, effective, June 26, 2021 The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws&#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-451185","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>OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws - 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\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating securities fraud claims on behalf of shareholders of Ontrak, Inc. (&#8220;Ontrak&#8221; or the &#8220;Company&#8221;) (NASDAQ: OTRK) resulting from allegations that Ontrak might have issued misleading information to the investing public. If you purchased Ontrak securities, and\/or would like to discuss your legal rights and options please visit Ontrak Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com. On March 1, 2021, Ontrak issued a press release announced preliminary financial results for fourth quarter and full year 2020.\u00a0 Therein, the Company stated that its largest customer had terminated its contract with Ontrak, effective, June 26, 2021 The &hellip; Continue reading &quot;OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T20:52:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg\" \/>\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\\\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws\",\"datePublished\":\"2021-03-04T20:52:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\\\/\"},\"wordCount\":436,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/616919\\\/Bernstein_Liebhard_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\\\/\",\"name\":\"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws - 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(&#8220;Ontrak&#8221; or the &#8220;Company&#8221;) (NASDAQ: OTRK) resulting from allegations that Ontrak might have issued misleading information to the investing public. If you purchased Ontrak securities, and\/or would like to discuss your legal rights and options please visit Ontrak Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com. On March 1, 2021, Ontrak issued a press release announced preliminary financial results for fourth quarter and full year 2020.\u00a0 Therein, the Company stated that its largest customer had terminated its contract with Ontrak, effective, June 26, 2021 The &hellip; Continue reading \"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-04T20:52:11+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg","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\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws","datePublished":"2021-03-04T20:52:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/"},"wordCount":436,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/616919\/Bernstein_Liebhard_LLP_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/otrk-losses-alert-bernstein-liebhard-llp-announces-it-is-investigating-ontrak-inc-for-violations-of-the-securities-laws\/","name":"OTRK LOSSES ALERT: Bernstein Liebhard LLP Announces it is Investigating Ontrak Inc., for Violations of the Securities Laws - 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