IPC The Hospitalist Company, Inc. under shareholder investigation

Investigation on behalf of investors of IPC The Hospitalist Company, Inc. over possible securities laws violations – IPCM investors should contact the Shareholders Foundation, Inc.
 
 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
 
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* Ipcm

Industrys:
* Banking
* Business
* Finance

Location:
* San Diego - California - US

June 14, 2010 - PRLog -- Investigation on behalf of investors in IPC The Hospitalist Company, Inc.  over possible violations of Federal Securities Laws by of IPC The Hospitalist was announced.

If you are an investor in IPC The Hospitalist Company, Inc.  securities, including those who purchased IPCM stock between May 4, 2009 and June 8, 2010 and those who purchased prior to May 2009 and continue to hold their IPCM shares, you have certain options and should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 - 1554.

IPC The Hospitalist Company, Inc., located in North Hollywood, California, is a provider of hospitalist services in the United States. IPC The Hospitalist Company, Inc. reported in 2007 Total Revenue of $190million, in 2008 $251.18million, and in 2009 $310.52million. According to the investigation by a law firm the investigation on behalf of investors of IPC The Hospitalist Company, Inc.  focuses is related to IPC The Hospitalist Company’s June 9, 2010, announcement that it received a civil investigative demand ("CID") issued by the Department of Justice, U.S. Attorney's Office for the Northern District of Illinois. The CID requests information concerning claims IPC The Hospitalist Company has submitted to Medicare and Medicaid and applies to the Company and its affiliated professional organizations. According to IPC The Hospitalist Company, the CID “seeks production of a wide range of documents relating to the Company’s Medicare and Medicaid participation, physician arrangements, operations and compliance programs.” As a result of this revelation, so the investigation, IPC The Hospitalist Company, Inc.  securities declined more than $4.87 or 18% on June 9, 2010. Shares of IPC The Hospitalist Company, Inc. (IPCM) traded recently at $26.08 per share, down from its 52weekHigh of $38.50 per share.

Those who are investors in IPC The Hospitalist Company, Inc.  securities, including those who purchased IPCM stock between May 4, 2009 and June 8, 2010 and those who purchased prior to May 2009 and continue to hold their IPCM shares, have certain options and should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 - 1554.

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The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. 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.
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Source:Shareholders Foundation, Inc.
Email:***@shareholdersfoundation.com Email Verified
Phone:+1-(858)-779-1554
Zip:92108
Tags:Ipcm
Industry:Banking, Business, Finance
Location:San Diego - California - United States
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