Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
NEW YORK, Oct. 05, 2016 -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Middle District of Tennessee on behalf of investors who purchased Quorum Health Corporation (NYSE:QHC) securities (1) pursuant and/or traceable to the Registration Statement issued in connection with the Company’s spinoff from Community Health Systems, Inc. effective on or about April 29, 2016; and/or (2) on the open market between May 2, 2016 and August 10, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/quorum-health-corporation. There is no cost or obligation to you.
The complaint alleges that during the Class Period, Quorum made false and/or misleading statements and/or failed to disclose that: (a) several of Quorum’s hospitals were under-performing at the time of the spinoff from Community Health Systems, Inc.; (b) there were numerous other signs of deficiency at the time of the spinoff; (c) Quorum omitted/and or failed to inform investors of the above-mentioned concerns; and (d) as a result, Quorum’s public statements were materially false and misleading at all relevant times.
On August 10, 2016, Quorum filed a Quarterly Report on Form 10-Q, decreasing its 2016 guidance revenues due to impairment charges, goodwill loss from divesting certain hospitals, and carryover allocation of goodwill at the time of the spinoff.
If you suffered a loss in Quorum you have until November 8, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/quorum-health-corporation.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]
