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Investigation announced for Investors in shares of NMC Health Plc (OTC: NMHLY)

01-16-2020 07:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in NMC Health Plc (OTC: NMHLY) shares over potential securities laws violations by NMC Health Plc /

An investigation for investors in NMC Health Plc (OTC: NMHLY) shares over potential securities laws violations by NMC Health Plc /

An investigation was announced concerning possible violations of securities laws by NMC Health Plc in connection with certain financial statements.

Investors who purchased shares of NMC Health Plc (OTC: NMHLY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by NMC Health Plc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

London based NMC Health Plc provides healthcare services in the United Arab Emirates, the United Kingdom, Spain, and internationally. NMC Health Plc reported that its annual Total Revenue rose from over $1.6 billion in 2017 to over $2.05 billion in 2018 and that its Net Income increased from $185.97 million in 2017 to $248.65 million in 2018.

On December 17, 2019, a report was issued stating that there are “serious doubts about the company’s financial statements, including its asset values, cash balance, reported profits, and reported debt levels.”

Shares of NMC Health Plc (OTC: NMHLY) declined from $37.85 per share in September 2019 to as low as $16.36 per share on January 8, 2020.

Those who purchased shares of NMC Health Plc (OTC: NMHLY) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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