{"success":true,"data":{"pressRelease":{"id":"38444","rtpr_id":"rest-4eede08b700b2908","ticker":"PHR","exchange":"NYSE","all_tickers":[],"title":"PHR Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Phreesia, Inc. Class Action Lawsuit","author":"Globe Newswire","published_at":"2026-05-18T22:27:15.112Z","article_body":"SAN DIEGO, May 18, 2026 (GLOBE NEWSWIRE) -- Robbins LLP\n(https://www.globenewswire.com/Tracker?data=sANn8Yj2srlZdsJlmDV83XHSH5M5423dB_zrUWRkfPqnVQKUQAK67bp2mq9sUgDtbOVA6bh68GmEWWCv2mavd2sePuT4rHmNEK6qV7_I5i4=) reminds\nstockholders that a class action was filed on behalf of all investors who\npurchased or otherwise acquired Phreesia, Inc. (NYSE: PHR) common stock\nbetween May 8, 2025 and March 30, 2026. Phreesia provides an integrated\nSaaS-based software and payment platform for the healthcare industry in the\nUnited States and Canada.\n\nFor more information, submit a form\n(https://www.globenewswire.com/Tracker?data=CQTT_6Gl6djgo7ygnoXDsHnZVE5JjqOYjH81oqD4nAxDaJRZs1f4FtcTHeySf6pG2nXzmi3E7BehBSYtFuzbIecEwEUaZYdV6E0odJzoF_Y=),\nemail\n(https://www.globenewswire.com/Tracker?data=5s61CwABOcEAOQWojuZrzhtArj2cVU9EWB5weacUCcifB4zv5g_9UOQ3Pq0aw5pLi0z_CfOoIYpIE-QzybDGUA==)\nattorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.\n\nThe Allegations: Robbins LLP is Investigating Allegations that Phreesia, Inc.\n(PHR) Misled Investors Regarding the Sustainability of Growth in its Network\nSolutions Business and Fiscal 2027 Revenue Outlook\n\nAccording to the complaint, during the class period, defendants failed to\ndisclose that: (1) Phreesia’s pharmaceutical marketing commitments within\nits Network Solutions segment were weakening; (2) the Company was experiencing\nreduced visibility into future spending commitments from pharmaceutical\nmanufacturers; (3) Network Solutions clients were committing lower spending\nlevels for the second half of fiscal year 2027 than the Company had previously\nanticipated; and (4) increasing variability in Network Solutions revenue\nforecasting placed the Company’s fiscal year 2027 revenue guidance and\nlong-term growth outlook at risk.\n\nPlaintiff alleges that on March 30, 2026, Phreesia announced that it was\nlowering its fiscal year 2027 revenue outlook to a range of $510 million to\n$520 million from a previous range of $545 million to $559 million. The\nCompany disclosed that it was experiencing “shorter visibility into spending\ncommitments” from certain pharmaceutical manufacturers and that Network\nSolutions clients were committing lower spending levels for the second half of\nfiscal year 2027 than anticipated. The Company further stated that “there is\nnow more variability in our internal network solutions revenue forecasting.”\nOn the accompanying earnings call, defendants further disclosed that certain\nclients were committing fewer marketing dollars due to “brand-specific\ndynamics including the impact of regulatory policies.” On this news,\nPhreesia’s stock price fell from $11.41 per share on March 30, 2026, to\n$8.38 per share on March 31, 2026, a decline of approximately 27%.\n\nWhat Now: You may be eligible to participate in the class action against\nPhreesia, Inc. Shareholders who wish to serve as lead plaintiff for the class\nmust submit their papers with the court by July 13, 2026. The lead plaintiff\nis a representative party who acts on behalf of other class members in\ndirecting the litigation. You do not have to participate in the case to be\neligible for a recovery. If you choose to take no action, you can remain an\nabsent class member. For more information, click here\n(https://www.globenewswire.com/Tracker?data=d8pvgiA90WFn49OH7Qte8DM4biWd7yaTsKb9r8lLe8FYozcht_hvSIChayp8Lt_IvSrREMlx68kGTQusNUAhgbiEPkJOKwE8BkT5nM29MXo=).\n\nAll representation is on a contingency fee basis. Shareholders pay no fees or\nexpenses.\n\nAbout Robbins LLP: A recognized leader in shareholder rights litigation, the\nattorneys and staff of Robbins LLP\n(https://www.globenewswire.com/Tracker?data=sANn8Yj2srlZdsJlmDV83bXSdtBoFbUp6odfc97Eeiw4e8SzAMj4B4VIxT3OEpFY-gxwB4Bog7UQRTaD1ZyfjA==)\nhave been dedicated to helping shareholders recover losses, improve corporate\ngovernance structures, and hold company executives accountable for their\nwrongdoing since 2002.\n\nTo be notified if a class action against Phreesia, Inc settles or to receive\nfree alerts when corporate executives engage in wrongdoing, sign up for Stock\nWatch\n(https://www.globenewswire.com/Tracker?data=EuIzyMb-44JZ3wp2UjEkvx9bIq20a4U6SlbSfto_OtA7ScYdHC3TW4BFz3MKcZstRDL8HAxEaWf66btyFwkywIOFE_DlpBOfkHuLZBgonVk=) today.\n\nAttorney Advertising. Past results do not guarantee a similar outcome.\n\n Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com  https://www.facebook.com/RobbinsLLP/            \n                                                                                                                                                https://www.linkedin.com/company/robbins-llp/   \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f6c754ad-b344-4389-a551-cf97ce05752e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"id":"rest-4eede08b700b2908","title":"PHR Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Phreesia, Inc. Class Action Lawsuit","author":"Globe Newswire","ticker":"PHR","created":"2026-05-18T22:27:15.112Z","tickers":[],"exchange":"NYSE","article_body":"SAN DIEGO, May 18, 2026 (GLOBE NEWSWIRE) -- Robbins LLP\n(https://www.globenewswire.com/Tracker?data=sANn8Yj2srlZdsJlmDV83XHSH5M5423dB_zrUWRkfPqnVQKUQAK67bp2mq9sUgDtbOVA6bh68GmEWWCv2mavd2sePuT4rHmNEK6qV7_I5i4=) reminds\nstockholders that a class action was filed on behalf of all investors who\npurchased or otherwise acquired Phreesia, Inc. (NYSE: PHR) common stock\nbetween May 8, 2025 and March 30, 2026. Phreesia provides an integrated\nSaaS-based software and payment platform for the healthcare industry in the\nUnited States and Canada.\n\nFor more information, submit a form\n(https://www.globenewswire.com/Tracker?data=CQTT_6Gl6djgo7ygnoXDsHnZVE5JjqOYjH81oqD4nAxDaJRZs1f4FtcTHeySf6pG2nXzmi3E7BehBSYtFuzbIecEwEUaZYdV6E0odJzoF_Y=),\nemail\n(https://www.globenewswire.com/Tracker?data=5s61CwABOcEAOQWojuZrzhtArj2cVU9EWB5weacUCcifB4zv5g_9UOQ3Pq0aw5pLi0z_CfOoIYpIE-QzybDGUA==)\nattorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.\n\nThe Allegations: Robbins LLP is Investigating Allegations that Phreesia, Inc.\n(PHR) Misled Investors Regarding the Sustainability of Growth in its Network\nSolutions Business and Fiscal 2027 Revenue Outlook\n\nAccording to the complaint, during the class period, defendants failed to\ndisclose that: (1) Phreesia’s pharmaceutical marketing commitments within\nits Network Solutions segment were weakening; (2) the Company was experiencing\nreduced visibility into future spending commitments from pharmaceutical\nmanufacturers; (3) Network Solutions clients were committing lower spending\nlevels for the second half of fiscal year 2027 than the Company had previously\nanticipated; and (4) increasing variability in Network Solutions revenue\nforecasting placed the Company’s fiscal year 2027 revenue guidance and\nlong-term growth outlook at risk.\n\nPlaintiff alleges that on March 30, 2026, Phreesia announced that it was\nlowering its fiscal year 2027 revenue outlook to a range of $510 million to\n$520 million from a previous range of $545 million to $559 million. The\nCompany disclosed that it was experiencing “shorter visibility into spending\ncommitments” from certain pharmaceutical manufacturers and that Network\nSolutions clients were committing lower spending levels for the second half of\nfiscal year 2027 than anticipated. The Company further stated that “there is\nnow more variability in our internal network solutions revenue forecasting.”\nOn the accompanying earnings call, defendants further disclosed that certain\nclients were committing fewer marketing dollars due to “brand-specific\ndynamics including the impact of regulatory policies.” On this news,\nPhreesia’s stock price fell from $11.41 per share on March 30, 2026, to\n$8.38 per share on March 31, 2026, a decline of approximately 27%.\n\nWhat Now: You may be eligible to participate in the class action against\nPhreesia, Inc. Shareholders who wish to serve as lead plaintiff for the class\nmust submit their papers with the court by July 13, 2026. The lead plaintiff\nis a representative party who acts on behalf of other class members in\ndirecting the litigation. You do not have to participate in the case to be\neligible for a recovery. If you choose to take no action, you can remain an\nabsent class member. For more information, click here\n(https://www.globenewswire.com/Tracker?data=d8pvgiA90WFn49OH7Qte8DM4biWd7yaTsKb9r8lLe8FYozcht_hvSIChayp8Lt_IvSrREMlx68kGTQusNUAhgbiEPkJOKwE8BkT5nM29MXo=).\n\nAll representation is on a contingency fee basis. Shareholders pay no fees or\nexpenses.\n\nAbout Robbins LLP: A recognized leader in shareholder rights litigation, the\nattorneys and staff of Robbins LLP\n(https://www.globenewswire.com/Tracker?data=sANn8Yj2srlZdsJlmDV83bXSdtBoFbUp6odfc97Eeiw4e8SzAMj4B4VIxT3OEpFY-gxwB4Bog7UQRTaD1ZyfjA==)\nhave been dedicated to helping shareholders recover losses, improve corporate\ngovernance structures, and hold company executives accountable for their\nwrongdoing since 2002.\n\nTo be notified if a class action against Phreesia, Inc settles or to receive\nfree alerts when corporate executives engage in wrongdoing, sign up for Stock\nWatch\n(https://www.globenewswire.com/Tracker?data=EuIzyMb-44JZ3wp2UjEkvx9bIq20a4U6SlbSfto_OtA7ScYdHC3TW4BFz3MKcZstRDL8HAxEaWf66btyFwkywIOFE_DlpBOfkHuLZBgonVk=) today.\n\nAttorney Advertising. Past results do not guarantee a similar outcome.\n\n Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 adumas@robbinsllp.com (800) 350-6003 www.robbinsllp.com  https://www.facebook.com/RobbinsLLP/            \n                                                                                                                                                https://www.linkedin.com/company/robbins-llp/   \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f6c754ad-b344-4389-a551-cf97ce05752e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":""},"received_at":"2026-05-18T22:59:43.267Z","source_url":null},"analysis":{"id":"27887","press_release_id":"38444","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"legal_litigation","narrative":"Robbins LLP issued a shareholder solicitation notice reminding investors of the July 13, 2026 lead plaintiff deadline in the class action against Phreesia.\n\nThe underlying lawsuit alleges Phreesia misled investors regarding the sustainability of growth in its Network Solutions business and its fiscal 2027 revenue outlook.\n\nThis release is marketing by a plaintiff law firm, not a disclosure from Phreesia itself, and contains no new information from the issuer.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"class_period_end":"March 30, 2026","stock_decline_pct":"27%","class_period_start":"May 8, 2025","stock_price_after_drop":8.38,"lead_plaintiff_deadline":"July 13, 2026","stock_price_before_drop":11.41}},"quotedText":"Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Phreesia, Inc. (NYSE: PHR) common stock between May 8, 2025 and March 30, 2026.","namedEntities":{"people":[{"name":"Aaron Dumas, Jr.","role":"Attorney at Robbins LLP"}],"products":[],"companies":[{"name":"Robbins LLP","relationship":"plaintiff law firm"},{"name":"Phreesia, Inc.","ticker":"PHR","relationship":"defendant"}],"dollarAmounts":[{"amount":"$510 million to $520 million","context":"lowered FY27 revenue outlook"},{"amount":"$545 million to $559 million","context":"previous FY27 revenue outlook"},{"amount":"$11.41","context":"stock price on March 30, 2026"},{"amount":"$8.38","context":"stock price on March 31, 2026"}]},"materialImpact":{"score":1,"reasoning":"This is a plaintiff law-firm solicitation issued by Robbins LLP, not an issuer disclosure. It serves as a routine lead-plaintiff-deadline reminder for an existing class action. No new material facts from the company are disclosed."},"tickerRelevance":{"others":[],"primary":"PHR"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"note":"Downscored per guardrails for plaintiff law-firm solicitation","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Robbins LLP issued a shareholder solicitation notice reminding investors of the July 13, 2026 lead plaintiff deadline in the class action against Phreesia.\n\nThe underlying lawsuit alleges Phreesia misled investors regarding the sustainability of growth in its Network Solutions business and its fiscal 2027 revenue outlook.\n\nThis release is marketing by a plaintiff law firm, not a disclosure from Phreesia itself, and contains no new information from the issuer.","key_figures":{"customDimensions":{"class_period_end":"March 30, 2026","stock_decline_pct":"27%","class_period_start":"May 8, 2025","stock_price_after_drop":8.38,"lead_plaintiff_deadline":"July 13, 2026","stock_price_before_drop":11.41}},"named_entities":{"people":[{"name":"Aaron Dumas, Jr.","role":"Attorney at Robbins LLP"}],"products":[],"companies":[{"name":"Robbins LLP","relationship":"plaintiff law firm"},{"name":"Phreesia, Inc.","ticker":"PHR","relationship":"defendant"}],"dollarAmounts":[{"amount":"$510 million to $520 million","context":"lowered FY27 revenue outlook"},{"amount":"$545 million to $559 million","context":"previous FY27 revenue outlook"},{"amount":"$11.41","context":"stock price on March 30, 2026"},{"amount":"$8.38","context":"stock price on March 31, 2026"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-18T23:00:24.140Z","global_importance":15,"audience_relevance":10,"importance_components":{"note":"Downscored per guardrails for plaintiff law-firm solicitation","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":18499,"modelName":"george-droid-qwen-72b"}}