Fri. Dec 8th, 2023
Bragar Eagel & Squire, P.C. Investigating FMC, Viasat, and Veradigm

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is conducting investigations into potential claims against FMC Corporation (NYSE: FMC), Viasat, Inc. (NASDAQ: VSAT), and Veradigm, Inc. (NASDAQ: MDRX). The firm is looking into whether these companies have violated federal securities laws or engaged in other unlawful business practices.

FMC Corporation (NYSE: FMC) announced a reduction in its revenue for the second quarter and fiscal year 2023. This came as a surprise, considering the company had previously raised its full-year revenue guidance. The decrease in revenue was attributed to lower-than-expected volumes, caused by a significant reduction in inventory by channel partners. As a result, the stock price of FMC fell by 11.14% on July 10, 2023.

Viasat, Inc. (NASDAQ: VSAT) provides broadband and communications products and services globally. The company’s Satellite Services segment offers satellite-based fixed broadband services. On May 1, 2023, Viasat announced the successful launch of ViaSat-3 Americas aboard a SpaceX Falcon Heavy, which was expected to drive growth. However, on July 12, 2023, Viasat disclosed an event during reflector deployment that could affect the performance of the ViaSat-3 Americas satellite. This news led to a decline of nearly 29% in the stock price of Viasat.

Veradigm, Inc. (NASDAQ: MDRX) is also under investigation. Further details about this particular case were not provided in the original article.

Investors who may have suffered losses in FMC, Viasat, or Veradigm are encouraged to contact Bragar Eagel & Squire, P.C. for more information. Additional details can be found on the firm’s website.