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Lifshitz Law PLLC Announces Investigations of The Beauty Health Company (NASDAQ:SKIN), Gen-erac Holdings, Inc. (NYSE:GNRC), Veradigm Inc. (NASDAQ:MDRX), and Roblox Corporation (NYSE:RBLX)

Published: 2023-11-30 17:25:00 ET
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NEW YORK, NY / ACCESSWIRE / November 30, 2023 / Lifshitz Law PLLC:

The Beauty Health Company (NASDAQ:SKIN)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company failed to disclose to investors: (i) that Syndeo 1.0 and 2.0 devices had issues leading to "frequent treatment interruptions;" (ii) that, as a result, the Company incurred significant costs to develop enhancements; (iii) that, despite the enhancements, providers continued to experience issues with the Syndeo devices; (iv) that, as a result, the Company would no longer market Syndeo 1.0 and 2.0 devices and incur significant inventory writedowns; (v) that, as a result, the Company's profitability would be adversely impacted; and (vi) that, as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you are a SKIN investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Generac Holdings, Inc. (NYSE:GNRC)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company engaged in a scheme to deceive the market and a course of conduct that artificially inflated the price of GNRC stock and operated as a fraud or deceit on Relevant Period purchasers of GRNC. When the Company's alleged misrepresentations were disclosed and became apparent to the market on August 2, 2023, the price of GNRC stock fell precipitously.

If you are a GNRC investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Veradigm Inc. (NASDAQ:MDRX)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) Veradigm had overstated its historical revenues by at least $20 million; (ii) Veradigm had artificially inflated its revenue by recording duplicate transactions, among other things, over a more than two-year period; (iii) Veradigm had artificially inflated its earnings and margins and materially misrepresented demand for Veradigm's products and services; (iv) Veradigm had failed to maintain effective internal controls over its financial reporting; and (v) Veradigm had failed to comply with Generally Accepted Accounting Principles regarding appropriate revenue recognition practices.

If you are a MDRX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Roblox Corporation (NYSE:RBLX)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company misrepresented or failed to disclose that: (i) the Roblox platform had insufficient content controls and lacked user spending restrictions; (ii) these inadequate controls enabled younger Roblox users to play games with inappropriate content and make excessive, unauthorized Robux purchases; (iii) a material portion of Roblox's bookings and revenue growth was due to these excessive, unauthorized Robux purchases; (iv) fourth quarter 2021 and 2022 bookings would be negatively impacted by Roblox's planned rollout of enhanced parental controls; and (v) based on the foregoing, the Company's bookings and revenue growth was unsustainable throughout the Relevant Period.

If you are a RBLX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.

Contact:

Joshua M. Lifshitz, Esq.Lifshitz Law PLLCPhone: 516-493-9780Facsimile: 516-280-7376Email: jlifshitz@lifshitzlaw.com

SOURCE: Lifshitz Law PLLC

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