An investigation for investors in NYSE:KND shares over potential securities laws violations by Kindred Healthcare, Inc. in connection certain financial statements was announced.
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 focuses on possible claims on behalf of purchasers of the securities of Kindred Healthcare, Inc. (NYSE:KND) concerning whether a series of statements by Kindred Healthcare, Inc. (NYSE:KND regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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 April 26, 2016, NYSE:KND shares closed at $14.70 per share.
Those who purchased NYSE:KND shares 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
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