San Diego, CA -- (SBWIRE) -- 10/22/2013 -- An investigation for investors in shares of Select Medical Holdings Corporation (NYSE:SEM) was initiated over potential violations of Federal Securities Laws by Select Medical Holdings.

If you purchased shares of Select Medical Holdings Corporation (NYSE:SEM) you have certain options and you should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether Select Medical Holdings and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

Select Medical Holdings Corporation disclosed that the company and its long term acute care hospital in Evansville, Indiana received various subpoenas and demands for documents relating to the company’s long term acute care hospital in Evansville, Indiana including a request for information and subpoenas from the Office of Inspector General of the U.S. Department of Health and Human Services and subpoenas from the Office of Attorney General for the State of Indiana, and the Evansville (Indiana) Police Department has executed a search warrant at the long term acute care hospital in Evansville.

Select Medical Holdings Corporation reported that its annual Total Revenue rose from over $2.23 billion in 2009 to over $2.94 billion in 2012 and that its Net Income for those time periods increased from $75.28 million to $148.23 million.

On Oct. 21, 2013, shares of Select Medical Holdings Corporation (NYSE:SEM) closed at $8.96 per share.

Those who purchased shares of Select Medical Holdings Corporation have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com