NEW YORK, NY / ACCESSWIRE / February 11, 2019 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Nobilis Health Corp. (HLTH) from May 8, 2018 through November 15, 2018, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Nobilis investors under the federal securities laws.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 12, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/nobilis-health-corp/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll free at 888-589-9804 or via e-mail at email@example.com.
LASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Nobilis' accounts receivable was overstated; (2) Nobilis' revenue was overstated; (3) as a result of the required adjustments, Nobilis' quarterly report would not be timely filed; (4) Nobilis would not be in compliance with NYSE listing requirements; and (5) due to the foregoing, defendants' positive statements about Nobilis' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
Pawar Law Group represents investors from around the world.
SOURCE: Pawar Law Group
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