NEW YORK, Oct. 14, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities Humana Inc. ("Humana" or the "Company") (NYSE: HUM) Such
investors are advised to contact Peretz
Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or
212-697-6484.
The investigation concerns whether Humana and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934
The Centers for Medicare and Medicaid Services ("CMS") revealed
that the percentage of Humana's membership in plans rated four
stars or dropped to about 37% in July from 78% the previous
year. On October 12, 2016,
Humana informed public investors that the downgrade of the
Company's Medicare rating might lower its federal reimbursements.
Humana also said that it will take actions "to mitigate any
potential negative impact of these published ratings on star bonus
revenues for 2018," including seeking reconsideration of some
ratings. Following this news, Humana stock dropped $9.09 per share, or 5.12%, to close at
$168.44 on October 12, 2016.
If you are aware of any facts relating to this investigation, or
if you purchased shares of Humana, you can assist this
investigation by visiting the firm's site:
http://www.bgandg.com/hum or by contacting Peretz Bronstein or his Investor Relations
Analyst, Yael Hurwitz of Bronstein,
Gewirtz & Grossman, LLC at 212-697-6484 or via email
info@bgandg.com. Those who inquire by e-mail are encouraged to
include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC