WebMD accused of misleading investors in class-action lawsuit

A class-action lawsuit was filed against WebMD Health Corp., late last week, with the plaintiffs alleging that the company was less than forthcoming about unfavorable financial issues. WebMD's stock price dropped 30 percent last month after the company downgraded its financial performance outlook for the year, despite telling investors in February that it was in "strong" financial shape due to increased online spending in the biopharma and consumer markets. Read the complaint 

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