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< Back to Press ReleasesCalifornia investors file complaints against Integrated Healthcare Holdings, Inc. and hope to build a class action lawsuit
Investors visit LawyersandSettlements.com to submit complaints of securities and stock fraudLos Angeles, California Investors who purchased Integrated Healthcare Holdings, Inc. (NASD: IHHI) stocks or other securities between March 1, 2005 and May 17, 2005 may qualify for inclusion in a possible class action lawsuit. These investors only have until November 28, 2005 to submit their case on LawyersandSettlements.com.
As with similar securities fraud cases, investors hope to receive compensation for being induced to buy stocks until false pretenses.
Integrated Healthcare Holdings, Inc. (IHHI) allegedly did not disclose pertinent details about a $30 million dollar investment transaction from Orange County Physicians Investment Network, LLC (OCPIN). IHHI was to receive the $30 million prior to finalizing an acquisition of four Orange County hospital facilities from Tenet Healthcare Corp. The acquisition was finalized and filed with the SEC in March 2005 but IHHI didn't disclose the full details until May: they had only received $10 million of the promised $30 million.
All investors and other involved parities are invited to submit their complaints against Integrated Healthcare Holdings, Inc.; several leading legal professionals, advertising on LawyersandSettlements.com, will provide free case evaluations. To learn more, visit: http://www.lawyersandsettlements.com/lawsuit/ihhi_securities.html
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