Notice of Proceedings (3226Y)
February 29 2012 - 2:01AM
UK Regulatory
TIDMHLO
RNS Number : 3226Y
Healthcare Locums PLC
29 February 2012
Healthcare Locums plc
("HCL" or the "Company")
Notice of Proceedings
It has come to the attention of the Board of Healthcare Locums
plc that proceedings have been filed against Healthcare Locums plc,
Kathleen V Bleasdale, Diane Jarvis and Alan Walker (all being
previous directors of Healthcare Locums plc) in the United States
District Court for the Southern District of New York.
The proceedings have been filed by Permian Master Fund, LP;
Permian Investments Partners, LP; Arundel Capital LLC; Arundel Long
Fund LP; Arundel Hedge Fund LP; Privet Capital, LLC and Flinn
Investments, LLC. The Summons and Complaint allege that Healthcare
Locums plc and the named former directors made misrepresentations
during 2010 concerning the Company's profitability and its
accounting practices. The Summons and Complaint have not as yet
been served on Healthcare Locums plc. However, the Company is
taking legal advice and will update shareholders as and when
appropriate.
Ends
For further information please contact:
Healthcare Locums plc
Stephen Burke, Chief Executive Officer
020 7451 1451
Investec Bank plc
Gary Clarence/Patrick Robb/Daniel Adams
020 7597 5970
Pelham Bell Pottinger
David Rydell/Emma Kent/Duncan Mayall/Charlotte Offredi
020 7861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
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