Nobilis Health Corp.
Robbins Arroyo LLP Is Investigating the Officers and Directors of Nobilis Health Corp. (HLTH) on Behalf of Shareholders
Robbins Arroyo LLP is investigating whether certain officers and directors of Nobilis Health Corp. (NYSEMKT: HLTH) violated federal securities laws by issuing materially misleading business information to the investing public. Nobilis Health Corp., together with its subsidiaries, acquires and manages ambulatory surgical centers and healthcare facilities in the United States.
Nobilis Health Corp. Announces its Financial Reports Should Not be Relied Upon
On January 5, 2016, Nobilis announced that the previously issued consolidated financial statements covering the company’s fiscal year ended December 31, 2014, the consolidated financial statements for the fiscal quarters ended March 31, 2015 and June 30, 2015 (collectively, the “Restatement Reports”), and the financial statements for the periods covered by the Restatement Reports included in the company’s Registration Statement on Form S-1 (File No. 333-206642) that was declared effective on October 27, 2015, require restatement and should no longer be relied upon. Accordingly, investors should no longer rely upon the company’s previously-issued financial statements for these periods (or the financial information for comparable prior periods contained in such financial statements), any earnings releases relating to these periods, the auditors’ reports on those financial statements, and management’s report on the effectiveness of the company’s internal control over financial reporting as of December 31, 2014.
According to the company, the financial statements for the Restatement Reports contain errors related to accounting for warrants and options issued in the company’s private placements in 2013, 2014, and 2015, and options granted to non-employees, and business combination accounting with respect to the Athas and First Nobilis transactions that occurred in December and September 2014, respectively.
Nobilis Health Corp. Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, or you can complete the form below and we will contact you directly.