Medindia
Medindia LOGIN REGISTER
Advertisement

Law Offices of Howard G. Smith Announces Update to the Shareholder Lawsuit Against Healthways, Inc.

Wednesday, June 11, 2008 General News
Advertisement
BENSALEM, Pa., June 10 Law Offices of Howard G. Smithannounces an August 4, 2008, deadline to move to be a lead plaintiff in thesecurities class action lawsuit filed on behalf of all persons who purchasedor otherwise acquired the common stock of Healthways, Inc. ("Healthways" orthe "Company")(Nasdaq: HWAY) between October 17, 2007 and February 26, 2008(the "Class Period"), including shares acquired through the Company'sRetirement Savings Plan. The shareholder lawsuit is pending in the UnitedStates District Court for the Middle District of Tennessee.
Advertisement

The Complaint alleges that the defendants violated federal securities lawsby issuing material misrepresentations to the market concerning Healthways'financial performance and prospects, thereby artificially inflating the priceof Healthways stock.
Advertisement

No class has yet been certified in the above action. Until a class iscertified, you are not represented by counsel unless you retain one. If youpurchased Healthways common stock between October 17, 2007 and February 26,2008, or are a current or former employee who acquired shares through theCompany's Retirement Savings Plan, you have certain rights, and have untilAugust 4, 2008, to move for Lead Plaintiff status. To be a member of the classyou need not take any action at this time, and you may retain counsel of yourchoice. If you wish to discuss this action or have any questions concerningthis Notice or your rights or interests with respect to these matters, pleasecontact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at(215)638-4847, Toll-Free at (888)638-4847, by email [email protected] or visit our website athttp://www.howardsmithlaw.com.

SOURCE Law Offices of Howard G. Smith
Sponsored Post and Backlink Submission


Latest Press Release on General News

This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close