NEW YORK, March 12, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Huron Consulting Group, Inc. ("Huron" or the "Company") (NasdaqGS: HURN). The investigation focuses on possible breaches of fiduciary duties by the board of directors and/or officers of the Company in connection with violations of the False Claims Act.
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Specifically, the investigation concerns possible breaches of fiduciary duties by the Company's officers and directors in connection with overbilling Medicare and Medicaid by $50 million while running St. Vincent Catholic Medical Centers. It is alleged that after Huron took control of the hospitals, it authorized tens of millions of dollars in bogus outlier claims -- supplemental reimbursements offered by Medicare and Medicaid to protect hospitals that provide unusually expensive inpatient treatment -- and even kept track of the fraud in a second set of books.
If you are a current Huron shareholder, and you would like to discuss your legal rights, visit www.faruqilaw.com/HURN. You can also contact us by calling Beth Keller toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Huron's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
About Faruqi & Faruqi, LLP
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.
Faruqi & Faruqi, LLP
Beth Keller, Esq.
369 Lexington Avenue, 10th Floor
New York, NY 10017
Telephone: (877) 247-4292 or (212) 983-9330
E-mail: [email protected]
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