SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Adeptus Health Inc. of a Class Action Lawsuit & a Lead Plain...
December 02 2016 - 10:32AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Adeptus Health Inc. (“Adeptus”)
(NYSE: ADPT) pursuant and/or traceable to the Company’s
secondary public offering on or about July 31, 2015, and
purchasers of common shares between April 23, 2015 and November
16, 2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the United States District Court for
the Eastern District of Texas. If you purchased or otherwise
acquired Adeptus securities pursuant to the SPO or between April
23, 2015 and November 16, 2015, your rights may be affected by this
action. To get more information go to:
http://www.zlk.com/pslra/adeptus-health
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. There is no cost or obligation to you.
The complaint alleges that Adeptus made materially false and/or
misleading statements and/or failed to disclose that: (i) the
Company was engaging in predatory billing practices, thus exposing
Adeptus to numerous risks and possible penalties, including civil
and/or criminal sanctions, and exclusion from federal and/or state
healthcare programs; (ii) Adeptus’ financial statements had not
been prepared in conformity with generally accepted accounting
principles; and (iii) contrary to representations about Adeptus’
practice of referring lower acuity patients to urgent care
facilities, it routinely treated and excessively billed these
patients.
If you suffered a loss in Adeptus Health you have
until December 27, 2016 to request
that the Court appoint you as lead plaintiff. Your ability to share
in any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20161202005486/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.Tel:
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com