SHAREHOLDER ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Universal Health Services, Inc. & Encour...
January 10 2017 - 12:36PM
Business Wire
Goldberg Law PC, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against Universal
Health Services, Inc. (“Universal Health” or the “Company”) (NYSE:
UHS). Investors who purchased or otherwise acquired Universal
Health shares between February 26, 2015 and December 7, 2016
inclusive (the “Class Period”), are encouraged to contact the firm
in advance of the February 21, 2017 lead
plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, we encourage you to click here or contact Michael Goldberg
or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars,
Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your
rights free of charge. You can also reach us through the firm’s
website at http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
Buzzfeed released a report on December 7, 2016 revealing its
lengthy 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.” The report mentioned 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.” When this was disclosed to the public,
shares of Universal Health fell $15.01 per share or nearly 12% to
close at $111.36 per share on December 7, 2016, causing investors
severe harm.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20170110006131/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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