SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Involving Possible
Securities Fraud Violations by Community Health Systems, Inc. and Certain of Its Officers and Directors
Levi & Korsinsky, LLP announces that it has commenced an investigation of Community Health Systems, Inc. (“Community Health”
or the “Company”) (NYSE:CYH) concerning possible violations of federal securities laws by the Company and/or certain of its
officers and directors.
On October 27, 2016, Community Health issued preliminary results for its third quarter 2016, announcing an EBITDA of $465
million, missing projected expectations of $571 million. The Company stated: “The lower than anticipated results were primarily
caused by lower than expected volume and the resulting lower net operating revenues, as well as larger than anticipated reductions
to reimbursement from state supplemental programs. Our results were also impacted by a failure to achieve anticipated expense
reductions….” Following this news, shares of Community Health fell from a close of $10.03 on October 26, 2016, to a close of just
$5.05 on October 27, 2016. To obtain additional information about the investigation, go to:
http://zlk.9nl.com/community-health-cyh
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar
outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq., 212-363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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