An investigation on behalf of investors in Kindred Healthcare, Inc. (NYSE:KND) shares over potential wrongdoing at Kindred Healthcare was announced and NYSE:KND stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/16/2016 -- An investigation for shareholders in shares of Kindred Healthcare, Inc. (NYSE:KND) was announced over potential breaches of fiduciary duties by certain Kindred Healthcare directors.
Investors who purchased shares of Kindred Healthcare, Inc. (NYSE:KND) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Kindred Healthcare directors breached their fiduciary duties and caused damage to the company and its shareholders.
Kindred Healthcare, Inc. reported that its annual Total Revenue rose from over $4.77 billion in 2013 to over $5.02 billion in 2014 and that its Net loss declined from $168.49 million in 2013 to $79.84 million in 2014. Shares of Kindred Healthcare, Inc. (NYSE:KND) declined from $26.26 per share in June 2014, respectively $24.33 per share in March 2015 to as low as $8.45 per share on January 13, 2016.
On February 12, 2016, NYSE:KDN shares closed at $8.54 per share.
Those who purchased shares of Kindred Healthcare, Inc. (NYSE:KND) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com