An investigation for investors in Quorum Health Corp (NYSE:QHC) shares over potential securities laws violations by Quorum Health was announced and NYSE:QHC stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 08/17/2016 -- Quorum Health Corp is under investigation over potential securities laws violations. The investigation was announced on behalf of investors of NYSE:QHC shares in connection certain financial statements that were made by Quorum Health.
Investors who purchased shares of Quorum Health Corp (NYSE:QHC), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Quorum Health Corp (NYSE:QHC) concerning whether a series of statements by Quorum Health regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Quorum Health Corp reported that its annual Total Revenue rose from over $2.14 billion in 2014 to over $2.18 billion in 2015 while its Net Income declined from $7.80 million to $1.34 million.
On May 11, 2016, Quorum Health Corp stated its 2016 guidance revenues ranging between $2.2 billion to $2.3 billion.
Then on August 10, 2016, Quorum Health Corp said it had a damage of $250.4 million during the quarter ending June 30, 2016 and then decreased its 2016 guidance revenues ranging $2.15 billion to $2.20 billion.
Shares of Quorum Health Corp (NYSE:QHC) declined from $10.12 per share on August 10, 2016, to $4.12 per share on August 11, 2016.
On August 16, 2016, NYSE:QHC shares closed at $6.66 per share.
Those who purchased shares of Quorum Health Corp have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego