Shareholders Foundation, Inc.

NYSE:UHS Investor Alert: Lawsuit Against Certain Directors of Universal Health Services, Inc. Pending

A lawsuit was filed by an investor in Universal Health Services, Inc. (NYSE:UHS) shares over alleged wrongdoing at Universal Health Services, Inc. and NYSE:UHS stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 09/25/2017 -- A lawsuit was filed by investors in NYSE:UHS shares over alleged breaches of fiduciary duties by certain directors at Universal Health Services.

Investors who purchased shares of Universal Health Services, Inc. (NYSE:UHS) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff accuses Universal Health Services' founder, certain board members and key employees of "management-directed malfeasance" in connection with revenue-maximizing rule-breaking.

That lawsuit followed a different lawsuit demanding access to Universal Health Services, Inc books and records and in December 2016 another lawsuit was filed against Universal Health Services, Inc over alleged securities laws violations. The plaintiff claimed in that lawsuit that the Defendants made false and/or misleading statements and/or failed to disclose that Universal Health admitted patients based on its own financial considerations and not upon the medical necessity of the patient, that Universal Health would keep patients admitted until their insurance payments ran out in order to ensure the maximum payment for its services, that as a result, Universal Health's revenues from inpatient care relied on unsustainable practices, that in turn, Universal Health lacked effective internal control concerning its practices and policies of admitting patients, and that as a result, Universal Health's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Universal Health Services, Inc. (NYSE:UHS) 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