SAN DIEGO, Aug. 11, 2016 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating possible violations of federal securities laws by certain officers and directors of Quorum Health Corporation (NYSE: QHC). Quorum owns and operates hospitals.
The investigation concerns the Company's August 11, 2016 disclosure of financial and operating results for the three and six months ended June 30, 2016. Quorum announced that loss from operations for the three months ended June 30, 2016 was $(259.3) million, compared with income from operations of $27.5 million in the same period in 2015. On this news the Company's shares fell has plummeted over 50% in late day trading on August 11, 2016.
If you have information that could assist in this investigation, or if you are a Quorum shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
SOURCE Johnson & Weaver, LLP