View this information on the law firm’s Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/universal-health-services-inc-apr-17
Universal Health Accused of Providing
According to the complaint, UHS officials misrepresented to investors the company’s admission and retention practices, the staffing level maintained and the training provided, the quality of patient care in its facilities, and the company’s financial performance. The complaint alleges that UHS officials mismanaged the company and its hospitals by: (1) causing UHS hospitals to adopt financially driven admission and retention practices that are not based upon the medical necessity of the patients; (2) systematically understaffing UHS hospitals and providing abysmal training to the hospitals’ staff, ignoring the huge risks thereby imposed on the patients; and (3) causing UHS and UHS hospitals to be subject to government investigations and regulatory penalties arising from potential False Claims Act violations,
On
Universal Health Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney
View source version on businesswire.com: http://www.businesswire.com/news/home/20170412005959/en/
LKandinov@robbinsarroyo.com
www.robbinsarroyo.com
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