Accolade, Inc. (ACCD)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Accolade, Inc. (“Accolade” or the “Company) (NASDAQ: ACCD). Investors who purchased Accolade securities are encouraged to obtain additional information and assist the investigation.

 

The investigation concerns whether Accolade and certain of its officers and/or directors have violated federal securities laws.

 

On April 28, 2022, Accolade released its quarterly financial results and admitted that “a large customer notified us that they would be ending their service relationship with us after the end of calendar 2022.” The Company also disclosed during its earnings call that the major customer was Comcast and reported heavy losses. Following this news, Accolade stock dropped almost 50% on April 29, 2022.

 

If you are aware of any facts relating to this investigation or purchased Accolade shares you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.