Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Has Been Filed on Behalf of Investors in Skilled Healthcare Group, Inc. (NYSE: SKH)
ATLANTA, GA -- (Marketwire) -- 08/04/09 -- Holzer Holzer & Fistel, LLC announces a class
action lawsuit has been filed in the United States District Court for the
Central District of California on behalf of all persons or entities who
purchased shares of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or
the "Company") (NYSE: SKH) common stock between May 14, 2007 and June 9,
2009, inclusive (the "Class Period"). The complaint alleges that Skilled
Healthcare and certain of its officers violated the federal securities
laws. According to the complaint, Skilled Healthcare misrepresented its
income and was forced to restate its financial statements. The complaint
also seeks damages for what it alleges were similar misrepresentations
contained in Company's Registration Statement and Prospectus issued in
connection with Skilled Healthcare's Initial Public Offering of May 14,
2007.
If you purchased shares of Skilled Healthcare common stock during the Class
Period, you have the legal right to petition the Court to be appointed a
"lead plaintiff." A lead plaintiff is a representative party that acts on
behalf of other class members in directing the litigation. Any such request
must satisfy certain criteria and be made no later than September 22, 2009.
Any member of the purported class may move the Court to serve as lead
plaintiff through counsel of their choice, or may choose to do nothing and
remain an absent class member. If you are a Skilled Healthcare investor
and would like to discuss a potential lead plaintiff appointment, or your
rights and interests with respect to the lawsuit, you may contact Michael
I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at
mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone
at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates
its practice to vigorous representation of shareholders and investors in
litigation nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through its
website, www.holzerlaw.com and upon request from the firm. Holzer Holzer &
Fistel LLC has paid for the dissemination of this promotional
communication, and Michael I. Fistel, Jr. is the attorney responsible for
its content.