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Law Office of Jonathan M. Stein, P.L. Investigates Securities Claims against LHC Group, Inc.

^{Published on 2010-09-29 10:05:16 - Market Wire}
 

BOCA RATON, Fla.--([ BUSINESS WIRE ])--The Law Office of Jonathan M. Stein, P.L. is investigating LHC Group, Inc. ("LHC" or the "Company") (Nasdaq: LHCG) for possible violations of the federal securities laws for allegedly issuing false and/or misleading statements to investors between March 3, 2010 and July 13, 2010 (the aClass Perioda).

The investigation involves whether LHC, through its officers and/or directors, misled investors by failing to disclose: (1) that the Company was deliberately increasing the number of unnecessary home therapy visits in order to receive increased Medicare reimbursements, and (2) that as a result of that conduct, the Companya�s reported sales and earnings were materially inflated. LHCa�s fraudulent Medicare billing practices were revealed through a series of Wall Street Journal articles calling into question the practices of multiple home health care companies, including LHC. Further, during the Class Period, certain insiders sold stock valued at over $6 million.

If you purchased LHC stock between March 3, 2010 and July 13, 2010 and wish to discuss your rights as a shareholder, or if you have information regarding the above investigation, please contact Jonathan M. Stein, Esq. either via email at [ jstein@jonathansteinlaw.com ] or by telephone at (561) 961-2244.

The Law Office of Jonathan M. Stein, P.L.represents shareholders and consumers in complex litigation, including class action and derivative litigation. More information about the firm is available through its website, [ www.jonathansteinlaw.com ], and upon request from the firm. Jonathan M. Stein is the attorney responsible for the content of this release.