A lawsuit was filed on behalf of investors in Adeptus Health Inc (NYSE:ADPT) shares over alleged securities laws violations and NYSE:ADPT investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 03/13/2017 --An investor, who purchased shares of Adeptus Health Inc (NYSE:ADPT), filed a lawsuit in Texas over alleged Securities Laws violations by Adeptus Health Inc.

investors who purchased shares of Adeptus Health Inc (NYSE:ADPT) have certain options and for certain investors are short and strict deadlines running. Deadline: May 9, 2017. NYSE:ADPT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that Adeptus Health Inc had material weaknesses in its internal control over financial reporting in the areas of revenue recognition, accounts receivable, accounting for a contribution to an unconsolidated joint venture, and accounting for equity in (loss) earnings of unconsolidated joint ventures, and that as a result, defendants' statements about Adeptus' business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On March 2, 2017 Adeptus Health Inc revealed that it identified material weaknesses in its internal control over financial reporting related to revenue recognition, accounts receivable, accounting for a contribution to an unconsolidated joint venture, and accounting for equity in (loss) earnings of unconsolidated joint ventures. As a result, Adeptus Health Inc is evaluating the effect of these errors in its financial statements for prior periods. Shares of Adeptus Health Inc (NYSE:ADPT) declined to as low as $2.25 per share on March 10, 2017.

Those who purchased shares of Adeptus Health Inc 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