|[January 15, 2013]
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by Health Management Associates, Inc.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating potential claims on behalf of
purchasers of Health Management Associates, Inc. ("Health Management" or
the "Company") (NYSE: HMA) securities concerning possible breaches of
For more information, click here: http://zlk.9nl.com/health-management-hma/.
On August 3, 2011, the Company announced that the U.S. Department of
Health and Human Services (DHHS) had issued a subpoena requesting
information concerning Health Management's physician referrals. As a
result, shares in the Company's common stock dropped by $0.80, closing
at $7.97 per share. Five months later, on anuary 9, 2012, an analyst
from CRT Capital Group reported a lawsuit had been filed against the
Company under Florida's Private Sector Whistleblower's Act by its former
compliance director, Paul Meyer. Meyer alleges he was unlawfully
terminated after reporting what he believed to be Medicare fraud, which
also included fraudulent billing. Health Management's common stock fell
yet again $0.53, dropping from $7.49 to $6.96 per share.
If you own Health Management stock and wish to obtain additional
information about the investigation and your legal rights, please
contact Joseph E. Levi, Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/health-management-hma/.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
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