The Egleston Law Firm Announces Investigation of Skilled Healthcare Group, Inc.
NEW YORK--([ BUSINESS WIRE ])--The Egleston Law Firm has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Skilled Healthcare Group, Inc. (aSkilled Healthcarea or the aCompanya) (NYSE: SKH).
The Egleston Law Firma™s investigation concerns whether Skilled Healthcarea™s directors and officers damaged the Company by causing it to violate Californiaa™s health and safety code by not providing the minimum of 3.2 hours of direct nursing care per day to patients at various facilities. A court recently ordered Skilled Healthcare to pay $671 million in damages for not providing sufficient nursing care to patients. After the verdict was announced, the Companya™s stock plunged to $1.52, a record low.
If you are a shareholder of Skilled Healthcare and would like more information about your rights as a shareholder, please contact Gregory M. Egleston, Esq. at 646-227-1700 or by e-mail at [ greg.egleston@gmail.com ] or [ egleston@gme-law.com ]. For more information about the firm, please go to [ http://www.gme-law.com ].