NEW ORLEANS, Sept. 30, 2016 /PRNewswire/ -- Kahn Swick &
Foti, LLC ("KSF") and KSF partner, the former Attorney General of
Louisiana, Charles C. Foti, Jr., remind investors that they
have until November 8, 2016 to
file lead plaintiff applications in a securities class action
lawsuit against Quorum Health Corporation (NYSE: QHC), if they
purchased or acquired the Company's securities pursuant and/or
traceable to Quorum's false and misleading Registration Statement
issued in connection with the Company's spinoff from Community
Health Systems, Inc. ("CHS") effective on or about April 29, 2016 and/or between May 2, 2016 and August 10,
2016, inclusive (the "Class Period"). This action is
pending in the United States District Court for the Middle District
of Tennessee.
What You May Do
If you purchased shares of Quorum and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost
to you, call toll-free at 1-877-515-1850 or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to
serve as a lead plaintiff in this class action, you must petition
the Court by November 8,
2016.
About the Lawsuit
Quorum and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
The alleged false and misleading statements and omissions
include, but are not limited to, that: (i) a number of
Quorum's hospitals were underperforming at the time of the spin-off
from CHS; and (ii) various other indicators of impairment existed
at the time of Quorum's spin-off from CHS.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney
General Charles C. Foti, Jr., is a
law firm focused on securities, antitrust and consumer class
actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New
York, California and
Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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SOURCE Kahn Swick & Foti, LLC