Community Health Systems, Inc.
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Community Health Systems, Inc. ("Community Health" or the "Company") on behalf of stockholders. A class action complaint has been filed against Community Health. The complaint alleges that defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (i) the Company had understated its contractual allowances; (ii) the Company had understated its provision for bad debts; (iii) as a result, the Company had overstated its net operating revenue; (iv) as a result, the Company had understated its net loss; and (v) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.