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HCP HCP Inc

35.78
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
HCP Inc NYSE:HCP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.78 0 01:00:00

Glancy Prongay & Murray Commences Investigation on Behalf of HCP, Inc. Investors

24/05/2016 6:34pm

Business Wire


HCP (NYSE:HCP)
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Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of investors of HCP, Inc. (“HCP” or the “Company”) (NYSE: HCP) concerning the Company and its officers’ possible violations of federal securities laws. GPM is preparing a lawsuit on behalf of injured investors.

HCP invests in real estate assets, and one of the Company’s largest investments was in ManorCare, a Company that owned and operated nursing homes and rehabilitation centers. According to recent reports ManorCare engaged in an egregious insurance fraud scheme whereby ManorCare submitted over $6 billion in false claims for reimbursement. On news of the alleged insurance fraud the HCP’s shares fell significantly in value thereby damaging investors.

If you purchased HCP 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 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 http://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.

Glancy Prongay & Murray LLP, Los AngelesLesley Portnoy, 310-201-9150 or 888-773-9224shareholders@glancylaw.comwww.glancylaw.com

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