NEW YORK, Dec. 9, 2016 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of United Health
Services, Inc. ("UHS" or the "Company"). Such investors
are advised to contact Robert S.
Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.
9980.
The investigation concerns whether UHS and certain of its
officers and/or directors have engaged in securities fraud or other
unlawful business practices.
[Click here to join a class action]
On December 7, 2016,
Buzzfeed published an article regarding United Health "based
on interviews with 175 current and former UHS staff, including 18
executives who ran UHS hospitals; more than 120 additional
interviews with patients, government investigators, and other
experts; and a cache of internal documents." According to the
Buzzfeed article, "[c]urrent and former employees from at
least 10 UHS hospitals in nine states said they were under pressure
to fill beds by almost any method – which sometimes meant
exaggerating people's symptoms or twisting their words to make them
seem suicidal – and to hold them until their insurance payments ran
out."
On this news, Universal Health's share price fell $15.01, or 11.88%, to close at $111.36 on December 7,
2016.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los
Angeles, is acknowledged as one of the premier firms in the
areas of corporate, securities, and antitrust class litigation.
Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the
Pomerantz Firm pioneered the field of securities class actions.
Today, more than 80 years later, the Pomerantz Firm continues in
the tradition he established, fighting for the rights of the
victims of securities fraud, breaches of fiduciary duty, and
corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See
www.pomerantzlaw.com
CONTACT:
Robert S.
Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP