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THC Tenet Healthcare Corporation New

118.90
2.95 (2.54%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tenet Healthcare Corporation New NYSE:THC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.95 2.54% 118.90 119.00 115.21 118.03 1,988,445 01:00:00

EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Tenet Healthcare Corp. - THC

11/10/2016 8:47pm

Business Wire


Tenet Healthcare (NYSE:THC)
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Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Tenet Healthcare Corp. securities (NYSE: THC) from February 28, 2012 through October 3, 2016, both dates inclusive (the “Class Period”).

To join the Tenet class action, go to the website at http://www.rosenlegal.com/cases-963.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Tenet illegally paid kickbacks to induce the referral of patients to Tenet’s hospitals for labor and delivery; (2) through this scheme, Tenet defrauded the Georgia Medicaid program; and (3) as a result, defendants’ statements about Tenet’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 6, 2016. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-963.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY 10016Tel: 212-686-1060Toll Free: 866-767-3653Fax: 212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com

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