Envision Healthcare Corporation
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Envision Healthcare Corporation |
Stock Symbol : | NYSE: EVHC |
Class Period Start: | 03/02/2015 |
Class Period End: | 07/21/2017 |
Lead Plaintiff motion: | 10/03/2017 |
Date Filed: | 08/04/2017 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Middle District of Tennessee |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the October 3, 2017 lead plaintiff deadline in a class action lawsuit filed against Envision Healthcare Corporation (NYSE: EVHC) (“Envision” or “the Company”). The suit is pending in the U.S. District Court for the Middle District of Tennessee and investors, who purchased Envision Healthcare Corporation securities between March 2, 2015 and July 21, 2017, have until October 3, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Envision Healthcare Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that EmCare routinely arranged for patients who sought treatment at in-network facilities to be treated by out-of-network physicians; EmCare accordingly billed these patients at higher rates than if the patients had received treatment from in-network physicians; the Company’s statements attributing EmCare’s Class Period growth to other factors were therefore false and/or misleading; Envision’s EmCare revenues were likely to be unsustainable after the foregoing conduct came to light; and as a result of the foregoing, Envision’s public statements were materially false and misleading at all relevant times. On July 24, 2017, a report by The New York Times revealed that physicians associated with Envision's subsidiary EmCare Holdings Inc. were disproportionately likely to engage in "surprise billing," in which patients who go to in-network hospitals are treated by out-of-network doctors and subsequently billed at higher rates. Following this news, NYSE: EVHC dropped $2.33, or 3.72%, to close at $60.28 on July 24, 2017. If you were negatively impacted by your investment in Envision Healthcare Corporation securities between March 2, 2015 and July 21, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |