A lawsuit was filed on behalf of investors in Omega Healthcare Investors Inc (NYSE:OHI) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 12/12/2017 -- An investor in NYSE:OHI shares filed a lawsuit against Omega Healthcare Investors Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made.
Investors who purchased shares of Omega Healthcare Investors Inc (NYSE:OHI) should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The plaintiff claims that between February 8, 2017, and October 31, 2017, the Defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose that financial and operating results of certain of the Company's operators were deteriorating, that, as a result, certain of the Company's operators were experiencing worsening liquidity issues that were significantly impacting the operators' ability to make timely rent payments, that, as a result, certain of the Company's direct financing leases were impaired and certain receivables were uncollectible, and that, as a result of the foregoing, Defendants' statements about Omega's business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.
Those who purchased shares of Omega Healthcare Investors Inc (NYSE:OHI) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego