Glancy
Prongay & Murray LLP (“GPM”) announces an investigation on
behalf of Community Health Systems, Inc. (“Community Health” or the
“Company”) (NYSE: CYH)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
On February 27, 2018, the Company announced that its fourth quarter 2017
net operating revenues totaled $3.059 billion and were adversely
impacted by a $591 million increase in contractual allowances and
provision for bad debts.
On this news, the Company’s share price fell $1.06 per share, more than
17%, to close at $5.12 per share on February 28, 2018, on unusually
heavy trading volume.
If you purchased Community Health securities, have information or would
like to learn more about these claims, or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150,
Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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