A lawsuit was filed for shareholders in Nobilis Health Corp (NYSEMKT:HLTH) shares over alleged securities laws violations and NYSEMKT:HLTH investors should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 11/09/2015 -- A shareholder in NYSEMKT:HLTH shares filed a lawsuit in Texas over alleged violations of Federal Securities Laws by Nobilis Health Corp.
Investors who purchased shares of Nobilis Health Corp (NYSEMKT:HLTH) have certain options and for certain investors are short and strict deadlines running. Deadline: December 21, 2015. NYSEMKT:HLTH investors should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The plaintiff alleges on behalf of purchasers of Nobilis Health Corp (NYSEMKT:HLTH) common shares between April 2, 2015 and October 8, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 2, 2015 and October 8, 2015 defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose that Nobilis Health Corp claimed success rates for its AccuraScope procedure which lacked recognition from any university, medical body, or insurance company, that Nobilis Health Corp had overstated its 2014 revenues by as much as $36 million, that consequently, Nobilis Health Corp had misrepresented its 2014 revenue growth rate as 161%, when it was actually only 44%, and that as a result of the foregoing, Nobilis Health Corp's public statements were materially false and misleading at all relevant times.
On October 9, 2015, a report was published on Nobilis Health Corp asserting, among other things, accounting red flags, questionable marketing practices and substantial insider sales. Shares of Nobilis Health Corp declined to as low as $3.43 per share on October 12, 2015.
On November 6, 2015, NYSEMKT:HLTH closed at $3.76 per share.
Those who purchased shares of Nobilis Health Corp (NYSEMKT:HLTH) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego