SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Securities Fraud Violations by Tenet H...
October 05 2016 - 5:16PM
Business Wire
Levi & Korsinsky, LLP announces that it has commenced an
investigation of Tenet Healthcare Corp. (“Tenet Healthcare” or the
“Company”) (NYSE:THC) concerning possible violations of federal
securities laws by the Company and/or certain of its officers and
directors.
On October 3, 2016, Tenet Healthcare revealed that it would pay
$514 million to state and federal governments to settle allegations
that the Company’s hospitals in Georgia and South Carolina paid
kickbacks for obstetric referrals. Under the terms of the
settlement, two Tenet subsidiaries will plead guilty to one count
of conspiracy to violate federal kickback laws. Following this
news, Tenet stock dropped $0.91 per share, or 4.02%, to close at
$21.75 on October 3, 2016. To obtain additional information about
the investigation, go to:
http://zlk.9nl.com/tenet-healthcare-thc
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20161005006476/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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