Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services 
Thyssenkrupp to Shut Down Indiana Automotive Plant by March 2026 
Google, Blackstone Launch $5B AI Cloud Venture to Challenge Nvidia and CoreWeave 
CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge 
Analog Devices Nears $1.5B Acquisition of AI Chip Firm Empower Semiconductor 
Elliott Targets Bio-Rad as Shares Continue to Struggle 
Samsung, Union Edge Closer to Deal as Strike Threat Looms 
Samsung Faces Major Strike Threat as Union Restarts Pay Talks 
Stellantis CEO Antonio Filosa to Reveal Turnaround Strategy Focused on U.S. Sales and China Partnerships 
Berkshire Hathaway Reveals New Stakes in Delta Air Lines and Macy’s Under Greg Abel 
Mistral AI Acquires Emmi AI to Expand Industrial AI Solutions in Europe 
Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes 
Sonova Beats Profit Forecasts Despite Cochlear Implant Weakness 
SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO 
Standard Chartered Appoints Manus Costello as New CFO Amid Leadership Reshuffle 
US-China Trade Talks Sideline Chip Export Controls as Nvidia China Sales Draw Attention 
NEW YORK, Sept. 16, 2016 -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Middle District of Tennessee on behalf of investors who purchased Quorum Health Corporation (NYSE:QHC) securities (1) pursuant and/or traceable to the Registration Statement issued in connection with the Company’s spinoff from Community Health Systems, Inc. effective on or about April 29, 2016; and/or (2) on the open market between May 2, 2016 and August 10, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/quorum-health-corporation. There is no cost or obligation to you.
The complaint alleges that during the Class Period, Quorum made false and/or misleading statements and/or failed to disclose that: (a) several of Quorum’s hospitals were under-performing at the time of the spinoff from Community Health Systems, Inc.; (b) there were numerous other signs of deficiency at the time of the spinoff; (c) Quorum omitted/and or failed to inform investors of the above-mentioned concerns; and (d) as a result, Quorum’s public statements were materially false and misleading at all relevant times.
On August 10, 2016, Quorum filed a Quarterly Report on Form 10-Q, decreasing its 2016 guidance revenues due to impairment charges, goodwill loss from divesting certain hospitals, and carryover allocation of goodwill at the time of the spinoff.
If you suffered a loss in Quorum you have until November 8, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/quorum-health-corporation.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: [email protected]
