Shareholders Foundation, Inc.

Investigation Alert: NYSE:HMA Long-Term Investors Should Act

An investigation on behalf of current long term investors in NYSE:HMA shares over possible breaches of fiduciary duty by certain officers and directors of Health Management Associates was announced and NYSE:HMA stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 03/13/2013 -- An investigation on behalf of current long-term investors in shares of Health Management Associates, Inc. (NYSE:HMA) concerning whether certain directors and officers of Health Management Associates, Inc. breached of fiduciary duties in connection with certain statements.

Investors who are current long term investors in Health Management Associates, Inc. (NYSE:HMA) shares, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns allegations against Health Management Associates that were first raised on the news program ‘60 Minutes’ detailing a wide range of improper and abusive Medicare billing practices.

In December 2012 Health Management Associates, Inc. was featured in a report on CBS’ “60 minutes” concerning allegations of questionable Medicare practices.

On Jan. 9, 2013, an analyst for CRT Capital Group wrote about a lawsuit filed by former compliance director.

Health Management Associates, Inc. reported that its annual Revenue increased from over $4.53 billion in 2009 and that its Net Income for the respective time periods rose from $138.18 million to $178.71 million.

Shares of Health Management Associates, Inc. (NYSE:HMA) closed on March 12, 2013 at $11.83 per share.

Those who are current long term investors in Health Management Associates, Inc. (NYSE:HMA) shares, have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com