U.S. Markets closed

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of NantHealth, Inc.

NEW YORK--(BUSINESS WIRE)--

Levi & Korsinsky announces it has commenced an investigation of NantHealth, Inc. (NH) concerning possible violations of federal securities laws. On March 6, 2017, the publication STAT released an article asserting that NantHealth founder Patrick Soon-Shiong donated $12 million to the University of Utah from three different tax-exempt entities he controlled, but $10 million of his donation would be funneled back to one of his companies. STAT also alleges that this scheme allowed NantHealth to inflate the number of test orders it reported to investors. Upon this news, shares of NantHealth were down 23% on intraday trading on March 6, 2017. To obtain additional information, go to:

http://zlk.9nl.com/nanthealth-nh

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170306006331/en/