N@N

The Briscoe Law Firm, PLLC and Powers Taylor, LLP Announce the Investigation of Possible Breaches of Fiduciary Duties by the Of

^{Published on 2010-08-12 11:00:43 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims available to purchasers of Almost Family, Inc. (aAFAMa or aCompanya) (NASDAQ: AFAM) during the period of November 4, 2009 and June 30, 2010.

It has been alleged that AFAM and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing materially false and misleading statements regarding the Companya™s operations and its business and financial outlook. Specifically, the federal complaint alleges that during the class period, the Company deliberately fabricated the need of medical visits to increase medical reimbursements from Medicare, which had the effect of inflating the Companya™s sales and earnings, and that as a result of defendantsa™ false statements, AFAMa™s stock traded at artificially inflated prices during the Class Period.

If you currently own or purchased AFAM shares and would like additional information regarding this investigation or if you have information regarding the allegations against the company, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at [ patrick@powerstaylor.com ], or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at [ WBriscoe@TheBriscoeLawFirm.com ]. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.