This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bernstein Liebhard LLP Announces Investigation Into Accretive Health, Inc.

NEW YORK, Feb. 27, 2013 /PRNewswire/ -- Bernstein Liebhard LLP today announced an investigation into Accretive Health, Inc. (NYSE: AH) ("Accretive" or the "Company") concerning allegations that Accretive may have issued materially misleading information to the investing public.  The investigation focuses on allegations that certain statements issued by the Company between May 9, 2012 and February 26, 2013 (the "Relevant Period") regarding Accretive's business, operations and prospects were false and misleading.

(Logo: http://photos.prnewswire.com/prnh/20120202/MM47134LOGO )

Accretive provides revenue cycle management services for hospitals and healthcare providers in the United States.  The investigation relates to Accretive's February 26, 2013 announcement that it will postpone the release of the Company's financial results for the fourth quarter and full year 2012 because it is evaluating the timing of revenue recognition for its revenue cycle management agreements.  Additionally, the Company announced that it was withdrawing the financial guidance that it previously provided on November 7, 2012.  On this news, shares of Accretive declined almost 20% on heavy trading volume.

If you are interested in discussing your rights as an Accretive shareholder and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or seidman@bernlieb.com.

Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients.  It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last ten years.

Bernstein Liebhard LLP  10 East 40th Street  New York, New York 10016  (877) 779-1414  www.bernlieb.com  

ATTORNEY ADVERTISING. © 2013 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information  Joseph R. Seidman, Jr.Bernstein Liebhard LLP http://www.bernlieb.com(212) 779-1414   seidman@bernlieb.com

SOURCE Bernstein Liebhard LLP

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs