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03.04.2017 18:01
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PR Newswire
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Harwood Feffer LLP Announces Investigation of U.S. Physical, Inc.
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PR Newswire
NEW YORK, April 3, 2017
NEW YORK, April 3, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of U.S. Physical Therapy, Inc. ("U.S. Physical" or the "Company") (NYSE: USPH) concerning whether the board has breached its fiduciary duties to shareholders.
On March 31, 2017, the Company announced that there would be further delay in the filing of the Company's Form 10-K for the year ended December 31, 2016. Previously, on March 14, 2017, the Company disclosed that its accounting for non-controllable interests of acquired partnerships was incorrect and the error would result in the reporting of a material weakness in internal controls over financial reporting. In addition, the Company disclosed that the previously announced financial statements for the years ended December 31, 2014 and 2015 and the first three quarters of 2016 should no longer be relied upon.
Our investigation concerns whether the Company's board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own U.S. Physical shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Daniella Quitt, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: rharwood@,hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-us-physical-inc-300433788.html
SOURCE Harwood Feffer LLP
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