LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Community Health Systems, Inc. (“Community Health” or the “Company”) (NYSE: CYH) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On February 21, 2024, Community Health disclosed that it had received a Civil Investigative Demand from the Department of Justice for “documents and information relating to a variety of subjects, including practices and procedures related to utilization review, inpatient admissions and inpatient dialysis at [the Company’s] hospitals.”
On this news, Community Health’s stock price fell $0.26, or 9%, to close at $2.64 per share on February 22, 2024, thereby injuring investors.
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If you purchased Community Health securities, 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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