NEW YORK, Dec. 21, 2016 /PRNewswire/ -- Rosen Law
Firm, a global investor rights law firm, announces it is
investigating potential securities claims on behalf of shareholders
of Universal Health Services, Inc. (NYSE: UHS) resulting from
allegations that Universal Health may have issued materially
misleading business information to the investing public.
On December 7, 2016,
BuzzFeed published a report detailing its year-long
investigation into Universal Health, which was "…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." The report stated 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." On this news, shares
of Universal Health fell $15.01 per
share or nearly 12% to close at $111.36 per share on December 7, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover
losses suffered by Universal Health investors. If you purchased
shares of Universal Health please visit the firm's website at
http://www.rosenlegal.com/cases-1008.html for more information. You
may also contact Phillip Kim or
Kevin Chan of Rosen Law Firm toll
free at 866-767-3653 or via email at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.