BALA CYNWYD, Pa., March 12, 2016 /PRNewswire/ -- Law Office of Brodsky & Smith, LLC announces an investigation of Nobilis Health Corp. ("Nobilis" or the "Company") (NYSE MKT -HLTH- News) for potential violations of federal securities laws and breaches of the Nobilis Board's fiduciary duties.
Click here to learn more about the investigation http://brodsky-smith.com/1050-hlth-nobilis-health-corp.html, or call: 877-534-2590. There is no cost or obligation to you.
The investigation concerns a securities class action lawsuit commenced in the United States District Court for the Southern District of Texas. The complaint alleges that: (i) the Defendants made false and misleading statements including failing to disclose that Nobilis's financial statements contained numerous errors concerning the company's classification of warrants and options, business combination accounting, share-based compensation, and other financial operating results; (ii) Nobilis had overstated its net income from the year ended December 31, 2014 by more than $4 million; (iii) Nobilis had overstated its net income for the quarter ended March 31, 2015 by more than $3.27 million; and (iv) as a result of the foregoing, defendants' statements about Nobilis business, operations, and prospects were false and/or lacked a reasonable basis at all relevant times. Following the disclosure of these facts, shares of Nobilis stock declined significantly.
If you purchased shares of Nobilis between April 2, 2015 and January 6, 2016, and wish to discuss the investigation, or if you have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC by March 21, 2016, who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, by visiting http://brodsky-smith.com/1050-hlth-nobilis-health-corp.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC