NEW YORK, Dec. 8, 2016 /PRNewswire/ -- Faruqi & Faruqi,
LLP, a leading national securities law firm, is investigating
potential securities fraud at Universal Health Services, Inc.
("UHS" or the "Company") (NYSE: UHS).
The investigation focuses on whether the Company and its
executives violated federal securities laws by failing to disclose
that several psychiatric facilities within the for-profit hospital
system kept patients longer than medically necessary in order to
increase their profits from insurance payments.
Specifically, on December 7, 2016,
BuzzFeed published a year-long investigative story based on
interviews with 175 current and former UHS staff alleging that
several UHS's psychiatric facilities across the country were
systematically understaffed and operated under a profit model that
exaggerated patients' symptoms in order to keep them in
treatment.
Request more information now by clicking here:
www.faruqilaw.com/UHS. There is no cost or obligation to
you.
Take Action
If you invested in UHS stock or options and would like to
discuss your legal rights, visit www.faruqilaw.com/UHS. You
can also contact us by calling Richard
Gonnello toll free at 877-247-4292 or at 212-983-9330 or by
sending an e-mail to rgonnello@faruqilaw.com. Faruqi &
Faruqi, LLP also encourages anyone with information regarding UHS's
conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential
manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello,
Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
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