Bragar Eagel & Squire, P.C. Is Investigating Universal Health Services, Inc. (UHS) on Behalf of Stockholders & Encourages Inv...
December 13 2016 - 5:38PM
Business Wire
Bragar Eagel & Squire, P.C. is investigating potential
claims against Universal Health Services, Inc. (NYSE:UHS)
concerning possible violations of the federal securities laws.
Universal Health owns and operates acute care hospitals,
behavioral health centers, surgical hospitals, ambulatory surgery
centers, and radiation oncology centers.
On December 7, 2016, BuzzFeed published the results of a
yearlong investigation “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.” According to the report, “[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
shares declined $15.01 per share on December 7, 2016, to close at
$111.36.
If you purchased or otherwise acquired Universal Health
securities and suffered a loss, 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 J. Brandon Walker, Esq. by email at
investigations@bespc.com, or telephone at (212) 355-4648, or by
filling out this contact form. There is no cost or obligation to
you.
Bragar Eagel & Squire, P.C. is a New York-based law firm
concentrating in commercial and securities litigation. For
additional information, please go to www.bespc.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161213006389/en/
Bragar Eagel & Squire, P.C.J. Brandon Walker, Esq.(212)
355-4648investigations@bespc.com
Universal Health Services (NYSE:UHS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Universal Health Services (NYSE:UHS)
Historical Stock Chart
From Apr 2023 to Apr 2024