PRLog - Jan. 24, 2012 - SAN DIEGO -- The Shareholders Foundation announces that an investigation on behalf of investors in shares of Health Management Associates, Inc. (NYSE:HMA) over potential securities laws violations by certain officers and directors at Health Management Associates was announced.
If you purchased shares of Health Management Associates, Inc. (NYSE:HMA), you may have certain options and you should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Health Management Associates, Inc. (NYSE:HMA) concerning whether the company, certain of its officers and directors, or others have possibly violated federal securities laws. Specifically, the investigation concerns whether certain statements Health Management Associates’ business, its prospects and its operations were potentially materially false and misleading at the time they were made.
On January 9, 2012 a media report said that an analyst made comments that a former compliance director at Health Management Associates filed a whistleblower lawsuit against the Company.
The whistleblower lawsuit reportedly claims that he was wrongly terminated after uncovering serious Medicare compliance issues at Health Management Associates facilities. Specifically, the whistleblower alleges that several of Health Management Associates's hospitals had a practice of submitting inflated and "fraudulent billing" to Medicare through the improper admission of elderly and disabled patients as inpatients even though such patients clearly did not meet Medicare standards for inpatient treatment.
For more information go to www.ShareholdersFoundation.com or contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. 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.