Adeptus Health Inc.
Period: Apr 29, 2016 to Mar 1, 2017
Lead Plaintiff Deadline: May 9, 2017
Summary of Case:
A securities class action has been filed against Adeptus Health Inc. (NYSE:ADPT) on behalf of purchasers of Adeptus securities from April 29, 2016 through March 1, 2017. This case has been filed in the USDC - TX (Eastern).
The Complaint alleges defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Adeptus had material weaknesses in its internal control over financial reporting in the areas of revenue recognition, accounts receivable, accounting for a contribution to an unconsolidated joint venture, and accounting for equity in (loss) earnings of unconsolidated joint ventures; and (2) as a result, defendants' statements about Adeptus' business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.