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WILMINGTON, Del.--([ BUSINESS WIRE ])--[ Rigrodsky & Long, P.A. ] announces that it has launched an investigation on behalf of the shareholders of Chemed Corporation (aChemeda or the aCompanya) (NYSE: [ CHE ]), with respect to whether the Company and certain of its officers and directors have possibly violated the federal securities laws.

Click here to learn more: [ http://investigations.rigrodskylong.com/chemed-corporation-che/ ]

Chemed, through its subsidiaries, provides hospice care, and repair and cleaning services in the United States.

On November 16, 2011, the press reported that a former Vitas Healthcare Corp. (aVitasa) manager has accused the hospice chain of defrauding the federal government by conspiring with health insurers to enroll Medicare patients who werenat dying. Vitas is a subsidiary of Chemed and is the largest U.S. provider of hospice care in the country.

The allegations against Vitas were uncovered when a whistleblower lawsuit filed in Dallas federal court was unsealed earlier in November 2011. The U.S. Department of Justice is also seeking internal Vitas documents in an investigation focused on alleged abuses of federal health-insurance programs. The government has told the court it suspects Vitas of aan extensive schemea to defraud Medicare and Medicaid of ahundreds of millions of dollarsa by falsifying records and hospice certifications.

This news caused Chemed stock to plunge 15% on November 16, 2011 to a low of $48.10 per share and eventually closed at $50.65 per share that day, down from its previous dayas close of $57.52 per share.

If you are a Chemed shareholder, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact [ Timothy J. MacFall, Esquire ] or [ Noah R. Wortman, Case Development Director ], of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to [ info@rigrodskylong.com ].

[ Rigrodsky & Long, P.A. ], with offices in Wilmington, Delaware and Garden City, New York, regularly litigates [ securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation ], including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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