IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces an Investigation of U.S. Physical Therapy, Inc. and
Encourages Investors with Losses to Contact the Firm
Khang & Khang LLP (the “Firm”) announces that it is investigating claims against U.S. Physical Therapy, Inc. (“U.S.
Physical” or the “Company”) (NYSE: USPH) concerning possible violations of federal securities laws.
If you purchased shares of U.S. Physical, and want more information free of charge, please contact Joon M. Khang, Esquire, of
Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
U.S. Physical revealed "it was determined that the Company's historical accounting for redeemable non-controlling interests of
acquired partnerships was incorrect due to the fact that those partnership agreements contain a provision that makes the
non-controlling interests mandatorily redeemable and, thus incorrectly classified." The Company further stated that "[m]anagement
has concluded that this error will result in the reporting of a material weakness in internal controls over financial reporting as
they relate to this issue and that, as a result, ineffective internal controls over financial reporting. The error will require the
restatement of previously issued financial statements." When this news was released to the public, the value of U.S. Physical stock
dropped, causing investors harm.
If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost
two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
Khang & Khang LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170321006505/en/