The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Sharecare, Inc. (SHCR) Investors

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Sharecare, Inc. (“Sharecare” or the “Company”) (NASDAQ: SHCR) securities between May 10, 2023 and March 28, 2024, inclusive (the “Class Period”). Sharecare investors have until June 18, 2024 to file a lead plaintiff motion.

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If you are a shareholder who suffered a loss, click here to participate.

On March 29, 2024, Sharecare disclosed that it had “identified a material weakness in [its] internal control over financial reporting,” specifying that the Company “did not maintain adequate internal controls with respect to its revenue recognition evaluation resulting from a change in services provided to a customer, …

Full story available on Benzinga.com

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