If you are a member of the class and suffered a loss in CYH
stock, you have until July 8, 2011 to request that the Court appoint you as lead plaintiff.
As a result of the disclosure, which ultimately revealed CYH
's improper admissions practices as well as CYH
's true financial condition and future business prospects, the price of CYH
common stock dropped 35.
According to Tenet, CYH
had been improperly admitting patients for at least ten years on an inpatient basis, when such patients actually should have been admitted on an outpatient observation basis, resulting in higher payments to CYH
than it was entitled to receive from the Medicare agency.
If you are a shareholder of CYH
securities, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G.
If you purchased CYH
securities prior to 2006 and still hold some or all of your shares, and wish to discuss your rights, please contact Roy Jacobs.
If you are aware of any facts relating to this investigation, or purchased shares of CYH
, you can assist this investigation by contacting either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email eitan@bgandg.
Persons with relevant information, and CYH
shareholders with questions about this investigation, are invited to contact our Firm.