Cases
Adeptus Health Inc. (NYSE: ADPT)
Securities Class Action
Overview
Overview
- Date:
- 3/2/2017
- Company Name:
- Adeptus Health, Inc.
- Stock Symbol:
- ADPT
- Status:
- Closed/Complete
NEW YORK, March 2, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Adeptus Health Inc. (NYSE: ADPT). Our investigation concerns whether Adeptus and certain of its officers and/or directors have violated federal securities laws and/or engaged in other unlawful business practices.
On March 2, 2017, Adeptus filed a Form NT 10-K with the U.S. Securities & Exchange Commission, stating that the Company would postpone the filing of its 2016 annual report. The Company revealed that it identified “material weaknesses with respect to 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.”
Following this news, Adeptus shares fell $3.76 per share, or approximately 57.4%, to close at $2.79 per share on March 2, 2017.
If you acquired Adeptus securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On March 2, 2017, Adeptus filed a Form NT 10-K with the U.S. Securities & Exchange Commission, stating that the Company would postpone the filing of its 2016 annual report. The Company revealed that it identified “material weaknesses with respect to 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.”
Following this news, Adeptus shares fell $3.76 per share, or approximately 57.4%, to close at $2.79 per share on March 2, 2017.
If you acquired Adeptus securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.