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Bragar Eagel & Squire, P.C. Reminds Phreesia, Inc. (NYSE:PHR) Investors that a Class Action Lawsuit Has Been Filed Against Phreesia and Encourages Investors to Contact the Firm
GlobeNewswire Inc.·
A class action lawsuit has been filed against Phreesia, Inc. (NYSE:PHR) for allegedly making false and misleading statements regarding its financial performance. The company failed to disclose slowing demand and reduced visibility in key revenue streams, particularly in its Network Solutions segment. On March 30, 2026, Phreesia reduced its FY 2027 revenue guidance by $35-49 million to $510-520 million, citing weaker pharmaceutical-marketing commitments that had not been mentioned during the December 2025 earnings call. The stock fell 21-28% following the revised outlook. Investors who purchased shares between May 8, 2025, and March 30, 2026, can participate in the lawsuit with a deadline of July 13, 2026, to apply as lead plaintiff.
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