Final Deadline Approaching for Syneos Health, Inc. Investors

Kessler Topaz Meltzer & Check, LLP Reminds Syneos Health, Inc. (SYNH) Investors of September 25, 2023 Lead Plaintiff Deadline

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Syneos Health, Inc. (“Syneos”) (NASDAQ: SYNH). The action charges Syneos with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Syneos’s materially misleading statements and omissions to the public, Syneos’s investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR SYNEOS LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/syneos-health-inc?utm_source=PR&utm ...

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LEAD PLAINTIFF DEADLINE: SEPTEMBER 25, 2023

CLASS PERIOD: SEPTEMBER 9, 2020 THROUGH NOVEMBER 3, 2022

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. at [phone] or via email at [e-mail]

Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

SYNEOS’S ALLEGED MISCONDUCT

Syneos is a multinational clinical research organization that helps biopharmaceutical companies test and develop their products. The Class Period begins on September 9, 2020 when certain defendants presented at an industry conference and stated that Syneos was beginning to enjoy “pent-up demand” as on-site clinical activations had returned to pre-COVID-19 levels. Indeed, defendants claimed that negative impacts from the COVID-19 pandemic had bottomed out by the second quarter of 2020 and that Syneos had quickly entered a recovery period that was proving a boon for business. During the Class Period, defendants claimed that Syneos’s business was booming as the company lapped weak pandemic-era results. Unbeknownst to investors, however, these and similar statements made by defendants during the Class Period were materially false and misleading when made. Syneos’s business development capabilities had been critically impaired by recent workforce reductions and leadership and operational changes, as well as labor force turmoil caused by the COVID-19 pandemic. In addition, the company had struggled to integrate numerous companies it had acquired and its reimbursable revenue stream had been fundamentally diminished by the COVID-19 pandemic as its customers persisted in seeking remote work and limiting the number of on-site clinical trials. Consequently, Syneos’s backlog had been artificially inflated by hundreds of millions of dollars in reimbursable experiences that would never be received by the company, which created the false impression that Syneos was enjoying robust client demand when in fact its business was floundering.