EQUITY ALERT: Levi & Korsinsky, LLP Notifies Shareholders of U.S. Physical Therapy, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 30, 2017


NEW YORK, NY / ACCESSWIRE / April 14, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of U.S. Physical Therapy, Inc. (“U.S. Physical Therapy”) (USPH) between May 8, 2014 and March 16, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to: http://www.zlk.com/pslra-sb/u-s-physical-therapy-inc?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company had a material weakness in its internal controls over accounting and financial reporting; (2) the Company improperly accounted for redeemable non-controlling interests of acquired partnerships in violation of Generally Accepted Accounting Principles (“GAAP”); (3) as a result, the Company’s financial statements for the years ended December 31, 2014 and 2015, and all quarters within 2014 and 2015, and the first three quarters of 2016 contained material errors; and (4) as a result of the foregoing, Defendants’ statements about U.S. Physical Therapy’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you suffered a loss in U.S. Physical Therapy you have until May 30, 2017 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



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INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of U.S. Physical Therapy, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 30, 2017


NEW YORK–()–The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired
securities of U.S. Physical Therapy, Inc.
(“U.S. Physical Therapy”)
(NYSE:USPH) between May 8, 2014 and March 16,
2017
. You are hereby notified
that a securities class action lawsuit has been commenced in the United
States District Court for the Southern District of New York. To get more
information go to:

http://www.zlk.com/pslra-sb/u-s-physical-therapy-inc?wire=2

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued
materially false and/or misleading statements and/or failed to disclose
that: (1) the Company had a material weakness in its internal controls
over accounting and financial reporting; (2) the Company improperly
accounted for redeemable non-controlling interests of acquired
partnerships in violation of Generally Accepted Accounting Principles
(“GAAP”); (3) as a result, the Company’s financial statements for the
years ended December 31, 2014 and 2015, and all quarters within 2014 and
2015, and the first three quarters of 2016 contained material errors;
and (4) as a result of the foregoing, Defendants’ statements about U.S.
Physical Therapy’s business, operations, and prospects, were false and
misleading and/or lacked a reasonable basis.

If you suffered a loss in U.S. Physical Therapy you have until May
30, 2017
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.

Levi & Korsinsky is a national firm with offices in New York,
California, Connecticut, and Washington D.C. The firm’s attorneys have
extensive expertise and experience representing investors in securities
litigation, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.



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Robbins Arroyo LLP: U.S. Physical Therapy, Inc. (USPH) Misled Shareholders According to a Recently Filed Class Action


SAN DIEGO & HOUSTON–()–Shareholder rights law firm Robbins Arroyo LLP announces
that a class action complaint was filed against U.S. Physical Therapy,
Inc. (NYSE: USPH) (“USPH”) in the U.S. District Court for the Southern
District of New York. The complaint is brought on behalf of all
purchasers of USPH securities between May 8, 2014 and March 16, 2017,
for alleged violations of the Securities Exchange Act of 1934 by USPH’s
officers and directors. USPH operates outpatient physical and
occupational therapy clinics for pre- and post-operative care for a
variety of orthopedic-related disorders and sports-related injuries,
rehabilitation of injured workers, and preventative care.

View this information on the law firm’s Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/u-s-physical-therapy-inc

U.S. Physical Therapy Accused of Failing to Disclose Material
Weakness in its Internal Controls

According to the complaint, in a series of filings with the U.S.
Securities Exchange Commission, USPH officials attested to the accuracy
of the company’s financial statements, the effectiveness of the internal
controls, and the disclosure of all fraud. On August 7, 2014, USPH
issued a press release stating that it was raising its 2014 earnings
guidance, net income had increased compared to the same period in the
prior year, and net revenues had increased. In commenting on these
results, Chris Reading, USPH’s Chief Executive Officer, stated, “Our
Fit2WRK group continues to land terrific employer accounts which have
assisted us in further improving our payor base while also driving new
customers into our many partnerships around the country.” However, the
complaint alleges that USPH officials failed to disclose that the
company had a material weakness in its internal controls over accounting
and financial reporting, that the company’s improper accounting resulted
in violations of Generally Accepted Accounting Principles, and as a
result, the company’s financial statements were inaccurate and
unreliable.

On March 16, 2017, USPH announced that its historical accounting for
redeemable non-controlling interests of acquired partnerships was
incorrect, and that the error would result in unreliable financial
statements for the years ended December 31, 2015 and 2014, all quarters
within 2014 and 2015, and the first three quarters of 2016. USPH further
disclosed that it would restate certain figures for the affected
periods, and that it would need to file a Notification of Late Filing
for its Annual Report on Form 10-K for the year ended December 31, 2016,
which it expected to file on or before March 31, 2017. On this news,
USPH’s stock fell $3.85 per share, or 5.2%, to close at $69.90 per share
on March 16, 2017.

U.S. Physical Therapy Shareholders Have Legal Options

Concerned shareholders who would like more information about their
rights and potential remedies can contact attorney Leonid Kandinov at
(800) 350-6003, LKandinov@robbinsarroyo.com,
or via the shareholder
information form
on the firm’s website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder
rights law. The firm represents individual and institutional investors
in shareholder derivative and securities class action lawsuits, and has
helped its clients realize more than $1 billion of value for themselves
and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.



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USPH NOTICE: Rosen Law Firm Reminds U.S. Physical Therapy, Inc. Investors of Important Deadline in Class Action – USPH



NEW YORK–(BUSINESS WIRE)–

Rosen Law Firm, a global investor rights law firm, reminds purchasers of U.S. Physical Therapy, Inc. securities (USPH) from May 8, 2014 through March 16, 2017, inclusive (the “Class Period”) of the important May 30, 2017 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for U.S. Physical Therapy investors under the federal securities laws.

To join the U.S. Physical Therapy class action, go to http://rosenlegal.com/cases-1088.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) U.S. Physical Therapy had a material weakness in its internal controls over accounting and financial reporting; (2) U.S. Physical Therapy improperly accounted for redeemable non-controlling interests of acquired partnerships in violation of Generally Accepted Accounting Principles; (3) U.S. Physical Therapy’s financial statements for the years ended December 31, 2015 and 2014, and all quarters within 2014 and 2015, and the first three quarters of 2016 contained material errors; and (4) as a result, defendants’ statements about U.S. Physical Therapy’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 30, 2017. 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://rosenlegal.com/cases-1088.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.



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Levi & Korsinsky, LLP Notifies Shareholders of U.S. Physical Therapy, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 30, 2017 – USPH


NEW YORK, April 06, 2017 (GLOBE NEWSWIRE) — The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of U.S. Physical Therapy, Inc. (“U.S. Physical Therapy”) (NYSE:USPH) between May 8, 2014 and March 16, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to:

http://www.zlk.com/pslra-sb/u-s-physical-therapy-inc?wire=3

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company had a material weakness in its internal controls over accounting and financial reporting; (2) the Company improperly accounted for redeemable non-controlling interests of acquired partnerships in violation of Generally Accepted Accounting Principles (“GAAP”); (3) as a result, the Company’s financial statements for the years ended December 31, 2014 and 2015, and all quarters within 2014 and 2015, and the first three quarters of 2016 contained material errors; and (4) as a result of the foregoing, Defendants’ statements about U.S. Physical Therapy’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you suffered a loss in U.S. Physical Therapy you have until May 30, 2017 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.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com



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Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against


The complaint alleges that throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) U.S. Physical Therapy had a material weakness in its internal controls over accounting and financial reporting; (2) U.S. Physical Therapy improperly accounted for redeemable non-controlling interests of acquired partnerships in violation of Generally Accepted Accounting Principles; (3) U.S. Physical Therapy’s financial statements for the years ended December 31, 2015 and 2014, and all quarters within 2014 and 2015, and the first three quarters of 2016 contained material errors; and (4) consequently, defendants’ statements about U.S. Physical Therapy’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On March 16, 2017, U.S. Physical Therapy revealed that it had discovered an accounting error. The Company stated that “it was determined that the Company’s historical accounting for redeemable non-controlling interests of acquired partnerships was incorrect due to the fact that those partnership agreements contain a provision that makes the non-controlling interests mandatorily redeemable and, thus incorrectly classified.”  U.S. Physical Therapy also said that “[m]anagement has concluded that this error will result in the reporting of a material weakness in internal controls over financial reporting as they relate to this issue and that, as a result, ineffective internal controls over financial reporting. The error will require the restatement of previously issued financial statements.”  Following this news, U.S. Physical Therapy stock has dropped as much as $7.75 per share, or 10.51%, during intraday trading on March 16, 2017.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: http://www.bgandg.com/usph or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in U.S. Physical Therapy you have until May 30, 2017 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.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz–grossman-llc-notifies-investors-of-class-action-against-us-physical-therapy-inc-usph–lead-plaintiff-deadline–may-30-2017-300433552.html

SOURCE Bronstein, Gewirtz & Grossman, LLC

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