Energy News / Shareholders Foundation, Inc.

NYSE:CYH Investor Notice: July 29th Deadline in Lawsuit Against Community Health Systems Coming Up

Via: ReleaseWire

Updated 11:45 AM CDT, Mon, July 29,2019

A Deadline is coming up on July 29, 2019 in the lawsuit for certain investors in Community Health Systems (NYSE: CYH and Community Health Systems (NYSE: CYH stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 07/29/2019 -- A deadline is coming up on July 29, 2019 in the lawsuit filed for certain investors of Community Health Systems (NYSE: CYH) over alleged securities laws violations by Community Health Systems.

Investors who purchased shares of Community Health Systems (NYSE: CYH) have certain options and there are strict and short deadlines running. Deadline: July 29, 2019. NYSE: CYH stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Middle District of Tennessee the plaintiff alleges on behalf of purchasers of Community Health Systems (NYSE: CYH) common shares between February 20, 2017 and February 27, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 20, 2017 and February 27, 2018, the Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that the Company had understated its contractual allowances, that the Company had understated its provision for bad debts, that, as a result, the Company had overstated its net operating revenue, that, as a result, the Company had understated its net loss, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Community Health Systems (NYSE: CYH) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysecyh-investor-notice-july-29th-deadline-in-lawsuit-against-community-health-systems-coming-up-1250653.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com