IPC The Hospitalist Company, Inc. under shareholder investigation

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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