San Diego, CA -- (ReleaseWire) -- 07/16/2014 -- An investigation on behalf of current long-term investors in shares of Accretive Health, Inc. (OTCMKTS:ACHI) shares was announced concerning possible breaches of fiduciary duties by the Company or its fiduciaries.
Investors who purchased shares of Accretive Health, Inc. (OTCMKTS:ACHI) in 2011 or earlier and currently hold any of those Accretive Health shares have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on certain statements issued by Accretive Health, Inc prior to February 26, 2013 concerning the Company’s operations and financial performance.
On February 26, 2013, Accretive Health, Inc. announced that it will postpone the release of its financial results for the fourth quarter and full year 2012, as well as its previously announced investor conference call scheduled for February 27, 2013, because it is evaluating the timing of revenue recognition for its revenue cycle management agreements.
Shares of Accretive Health, Inc. (OTCMKTS:ACHI) declined from over $27.00 per share in February 2012 to as low as $8.57 per share in May 2012 and continued to decline to $7.15 per share on May 15, 2014.
Those who purchased shares of Accretive Health, Inc. have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego