NEW YORK, NY / ACCESSWIRE / May 15, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Community Health Systems, Inc. ("Community Health" or the "Company") (NYSE: CYH). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/cyh.
The investigation concerns whether Community Health and certain of its officers and/or directors have violated federal securities laws.
On February 27, 2018, Community Health reveled that its fourth quarter 2017 net operating revenues totaled $3.059 billion and were negatively impacted by a $591 million increase in contractual allowances and provision for bad debts. Following this news, Community Health stock dropped $1.06 per share, or over 17%, to close at $5.12 on February 28, 2018.
If you are aware of any facts relating to this investigation, or purchased Community Health shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/cyh.
You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC