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Norfolk County Retirement System v. Community Health Systems, Inc. et al
Case Number:
3:11-cv-00433
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Adams & Reese
- Allen & Newman
- Brennan Manna
- Gideon Essary
- Greenwald Davidson
- Johnson Fistel
- Kaplan Fox
- Kirkland & Ellis
- Labaton Keller
- Latham & Watkins
- Lockridge Grindal
- Lowey Dannenberg
- Proskauer Rose
- Provost Umphrey
- Riley & Jacobson
- Robbins Geller
- Robbins Russell
- Saxena White
- Sims Funk
- Stranch Jennings
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May 12, 2020
Lowey Dannenberg Seeks $6.3M For Hospital Stock Drop Deal
Lowey Dannenberg PC, lead counsel for shareholders who reached a $53 million stock drop settlement with hospital chain Community Health Systems Inc., asked the Tennessee federal judge overseeing the settlement Monday for $6.3 million in fees and expenses.
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January 07, 2020
Hospital Chain Reaches $53M Deal To End Stock Drop Suit
Community Health Systems Inc. has inked a $53 million deal to settle a class action brought by pension funds and other shareholders who claimed they lost $891 million when the company's share price plummeted after allegations of Medicare fraud came to light.
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July 29, 2019
Class Certified In $891M Action Over Hospital Chain Fraud
A Tennessee federal court certified an $891 million shareholder class accusing Community Health Systems Inc. of covering up an alleged Medicare fraud scheme, finding that the hospital company's argument against the lead plaintiff was not strong enough to undermine the class certification requirements.