Shareholders Foundation, Inc.

Vanguard Health Systems, Inc. (NYSE:VHS) Investor Alert: Investigation over Executive Pay Vote

An investigation for Vanguard Health Systems, Inc. (NYSE:VHS) investors over potential breaches of fiduciary duties by certain directors of Vanguard Health Systems, Inc. was announced and current long-term NYSE:VHS stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 10/31/2012 -- An investigation on behalf of current investors in shares of Vanguard Health Systems, Inc. (NYSE:VHS) concerning whether certain officers and directors of Vanguard Health Systems, Inc. breached their fiduciary duties in connection with their conduct of seeking shareholders’ approval of the compensation for certain officers.

Investors who are current long-term stockholders of shares of Vanguard Health Systems, Inc. (NYSE:VHS), 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 focuses on whether certain directors and officers of Vanguard Health Systems, Inc. harmed the company. Specifically, the investigation focuses on potential breaches of fiduciary duties in connection with their conduct of seeking shareholders’ approval of the compensation for Vanguard Health Systems’ named executive officers

Vanguard Health Systems, Inc. (NYSE:VHS) reported that its Total Revenue rose from over $3.22 billion for the 12 months period that ended on June 30, 2010 to over $5.94 billion for the 12 months period that ended on June 30, 2012 and Net Loss of $49.20 million for the 12 months period that ended on June 30, 2010 turned into a Net Income of $57.30 million for the 12 months period that ended on June 30, 2012.

Shares of Vanguard Health Systems, Inc. (NYSE:VHS) declined from as high as $17.84 per share in July 2011 to as low as $7.35 per share in June 2012.

The compensation of certain top officials at Vanguard Health Systems, Inc. (NYSE:VHS) increase significantly between 2010 and 2012. For instance the Chairman of the Board and CEO’s pay rose from over $2.4 million in 2010 to over $7.9 million in 2012, the Executive VP and CFO’s compensation increased from over $965,000 in 2010 to over $2.3 million in 2012, and the President and COO’s pay increased from over $1.4 million in 2010 to over $2.7 million in 2012.

On October 25, 2012, NYSE:VHS shares closed at $10.80 per share.

Those who are current long-term stockholders of Vanguard Health Systems, Inc. (NYSE:VHS) shares have certain options and should contact the Shareholders Foundation.

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