An investigation for investors in NYSE:QHC shares was announced over possible securities laws violations by Franklin, TN based Quorum Health and certain of its directors and officers.
Investors who purchased shares of Quorum Health Corp (NYSE:QHC), 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 whether a series of statements by Quorum Health regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Quorum Health Corp reported that its annual Total Revenue rose from over $2.14 billion in 2014 to over $2.18 billion in 2015 while its Net Income declined from $7.80 million to $1.34 million.
On May 11, 2016, Quorum Health Corp stated its 2016 guidance revenues ranging between $2.2 billion to $2.3 billion.
Then on August 10, 2016, Quorum Health Corp said it had a damage of $250.4 million during the quarter ending June 30, 2016 and then decreased its 2016 guidance revenues ranging $2.15 billion to $2.20 billion.
Shares of Quorum Health Corp (NYSE:QHC) declined from $10.12 per share on August 10, 2016, to $4.12 per share on August 11, 2016.
On August 16, 2016, NYSE:QHC shares closed at $6.21 per share.
Those who purchased NYSE:QHC 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