Law Offices of Howard G. Smith announces the continuation of its
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.
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 Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania
19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by
email to howardsmith@howardsmithlaw.com,
or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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