ONTRAK ALERT: Bragar Eagel & Squire, P.C. Is Investigating OnTrak, Inc. On Behalf Of Long-Term Stockholders And Encourages Investors To Contact The Firm [TheStreet.com]
Ontrak, Inc. (OTRK)
Company Research
Source: TheStreet.com
against Ontrak, Inc. ( ) on behalf of long-term stockholders following a class action complaint that was filed against Ontrak on March 3, 2021. Our investigation concerns whether the board of directors of OnTrak have breached their fiduciary duties to the company. The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Ontrak's largest customer evaluated the Company on a provider basis, valuing Ontrak's performance based on achieving the lowest cost per medical visit rather than clinical outcomes or medical cost savings; (2) that, as a result, Ontrak's largest customer did not find the Company's program to be effective and was reasonably likely to terminate its contract with Ontrak; (3) that, because this customer accounted for a significant portio
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News
- Ontrak Announces 2023 Fourth Quarter and Year End Financial Results [Yahoo! Finance]Yahoo! Finance
- Ontrak Announces 2023 Fourth Quarter and Year End Financial ResultsBusiness Wire
- Ontrak to Report 2023 Fourth Quarter Financial Results on April 16, 2024Business Wire
- Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral Healthcare [Yahoo! Finance]Yahoo! Finance
- Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral HealthcareBusiness Wire
OTRK
Sec Filings
- 4/22/24 - Form S-1
- 4/22/24 - Form S-8
- 4/16/24 - Form 10-K
- OTRK's page on the SEC website