NEW YORK, Oct. 31, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Adeptus Health Inc. ("Adeptus" or the "Company") (NYSE: ADPT), concerning whether the board has breached its fiduciary duties to shareholders.
Adeptus owns and operates free-standing emergency rooms. On November 17, 2015, a local new program on an NBC-affiliated television station in Denver, Colorado, reported improper billing practices at emergency rooms run by Adeptus. According to the report, Adeptus engaged in a pattern of predatory overbilling at these emergency rooms.
On this news, Adeptus stock fell over 20%.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Adeptus shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP