Lawsuit for Investors in Shares of Envision Healthcare Corp. (NYSE: EVHC) Announced by Shareholders Foundation
SAN DIEGO, CA, September 12, 2017 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who purchased NYSE: EVHC shares against Envision Healthcare Corp. over alleged Securities Laws Violations in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Envision Healthcare Corp. (NYSE: EVHC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On July 24, 2017, it was reported that hospitals associated with Envision Healthcare Corp.'s subsidiary, EmCare, were disproportionately likely to engage in "surprise billing," in which patients who sought treatment at in-network facilities were treated by out-of-network physicians and subsequently billed at higher rates.
On August 4, 2017, a lawsuit was filed against Envision Healthcare Corp. over alleged securities laws violations. The plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that EmCare routinely arranged for patients who sought treatment at in-network facilities to be treated by out-of-network physicians, that EmCare accordingly billed these patients at higher rates than if the patients had received treatment from in-network physicians, that the Company's statements attributing EmCare's Class Period growth to other factors were therefore false and/or misleading, that Envision's EmCare revenues were likely to be unsustainable after the foregoing conduct came to light, and that, as a result of the foregoing, Envision's public statements were materially false and misleading at all relevant times.
Those who purchased Envision Healthcare Corp. (NYSE: EVHC) shares should contact the Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
SOURCE: Shareholders Foundation, Inc.
Source: Shareholders Foundation, Inc.
