Glancy Prongay & Murray Commences Investigation on Behalf of HCP, Inc. Investors
May 24 2016 - 1:34PM
Business Wire
Glancy Prongay & Murray LLP (“GPM”) announces an
investigation on behalf of investors of HCP, Inc. (“HCP” or the
“Company”) (NYSE: HCP) concerning the Company and its officers’
possible violations of federal securities laws. GPM is preparing a
lawsuit on behalf of injured investors.
HCP invests in real estate assets, and one of the Company’s
largest investments was in ManorCare, a Company that owned and
operated nursing homes and rehabilitation centers. According to
recent reports ManorCare engaged in an egregious insurance fraud
scheme whereby ManorCare submitted over $6 billion in false claims
for reimbursement. On news of the alleged insurance fraud the HCP’s
shares fell significantly in value thereby damaging investors.
If you purchased HCP securities, have information or would like
to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Lesley Portnoy, Esquire, of GPM, 1925
Century Park East, Suite 2100, Los Angeles, California 90067 at
310-201-9150, Toll-Free at 888-773-9224, by email to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160524006488/en/
Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy,
310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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