INVESTIGATION ALERT: Schall Law Firm Encourages Accolade, Inc. Investors With $100,000 Losses to Contact Firm

LOS ANGELES–(BUSINESS WIRE)–Schall law firma national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Accolade, Inc. (“Accolade” or “the Company”) (NASDAQ: ACCD) for violating securities laws.

The investigation aims to determine whether the Company has made false and/or misleading statements and/or has failed to disclose relevant information to investors. Accolade released its quarterly financial results on April 28, 2022. As part of its release, the company admitted that “a large customer has informed us that they will be terminating their service relationship with us following the end of the calendar year 2022”. The company revealed on its earnings call that the main customer was Comcast, one of its oldest customers. The company also reported strong losses for the quarter, missing analysts’ estimates. Based on this news, shares of Accolade fell nearly 50% on April 29, 2022.

If you are a shareholder who has suffered a loss, Click here to participate.

We also encourage you to contact Brian Schall of Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us via the firm’s website at www.schallfirm.comor by e-mail to bschall@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to do nothing, you can remain an absent member of the group.

Schall Law Firm represents investors worldwide and specializes in securities class action and shareholder rights litigation.

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