Department of Justice
The company’s stock took a nosedive yesterday after it filed an SEC document.
The Silicon Valley EHR vendor received “sponsorship” payments from unnamed pharmaceutical companies so that the latter’s marketing team could influence the design of CDS features, according to the Department of Justice.
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The company's former CEO, president and CFO are each facing multiple counts of wire fraud, bank fraud and mail fraud, among other charges.
The digital health advertiser hopes to close the book on roughly two years of scandal after reports that it manipulated and sold falsified advertising inventory.