NEW YORK, Dec. 8, 2016 /PRNewswire/ -- Attorney Advertising
-- Bronstein, Gewirtz & Grossman, LLC is investigating
potential claims on behalf of purchasers of the securities of
Universal Health Services, Inc. ("Universal Health" or the
"Company") (NYSE: UHS). Such investors can obtain additional
information and assist the investigation by visiting the firm's
site: www.bgandg.com/uhs.
The investigation concerns whether Universal Health and certain
of its officers and/or directors have violated Sections 10(b) and
20(a) of the Securities Exchange Act of 1934.
On December 7, 2016 Buzzfeed
released its investigation into Universal 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." Buzzfeed reported that
"[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." Following this news,
Universal Health stock dropped $15.01
per share or nearly 12% to close at $111.36 on December 7,
2016.
If you are aware of any facts relating to this investigation, or
purchased Universal Health shares, you can assist this
investigation by visiting the firm's site: www.bgandg.com/uhs.
You can also contact Peretz
Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz &
Grossman, LLC: 212-697-6484.
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
Logo -
http://photos.prnewswire.com/prnh/20161114/439152LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-universal-health-services-inc-uhs-300375281.html
SOURCE Bronstein, Gewirtz & Grossman, LLC