Securities Fraud Investigation Into Encompass Health Corporation (EHC) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
IF YOU ARE AN INVESTOR WHO LOST MONEY ON ENCOMPASS HEALTH CORPORATION (EHC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On July 15, 2025, The New York Times published an article alleging, among other things, that federal data and inspection reports show that for-profit hospitals run by Encompass perform below average on key safety measures. The article revealed 'Encompass owns many of the rehabs with worse rates of potentially preventable, unplanned readmissions to general hospitals' including 34 facilities which 'Medicare rated as having statistically significantly worse rates of potentially preventable readmissions.' The report further revealed a number of 'alarming mistakes' leading to fatalities of patients in their care.
On this news, Encompass's stock price fell $12.39, or 10.4%, to close at $107.28 per share on July 15, 2025, thereby injuring investors.
Contact Us To Participate or Learn More:
If you purchased Encompass securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
3 hours ago
- Globe and Mail
Law Offices of Frank R. Cruz Encourages Fiserv, Inc. (FI) Investors To Inquire About Securities Fraud Class Action
The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of investors who purchased Fiserv, Inc. ('Fiserv' or the 'Company') (NYSE: FI) common stock between July 24, 2024 and July 22, 2025, inclusive (the 'Class Period'). Fiserv investors have until September 22, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR FISERV, INC. (FI) INVESTMENTS, CLICK HERE TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT. You can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@ by telephone at (310) 914-5007, or visit our website at What Happened? On April 24, 2025, Fiserv reported that the gross payment volume ('GPV') of its merchant payment gateway, Clover, had only seen a growth of 8% for the first quarter of 2025, compared to 14% to 17% from the previous year. The Company attributed the slowing growth to lower 2025 transaction volumes from merchants using the older payment gateway, Payeezy, who had converted to Clover. On this news, Fiserv's stock price fell $40.20, or 18.5%, to close at $176.90 per share on April 24, 2025, thereby injuring investors. Then, on May 15, 2025, Fiserv disclosed that GPV growth deceleration would continue throughout 2025. On this news, Fiserv's stock price fell $30.73, or 16.2%, to close at $159.13 per share on May 15, 2025. Then, on July 23, 2025, Fiserv lowered the top end of its full-year organic growth guidance range and confirmed that its quarterly organic revenue in the Merchant segment had decelerated to 9% year-over-year from 11% in the previous quarter. On this news, Fiserv's stock price fell $22.98, or 13.8%, to close at $143.00 per share on July 23, 2025, thereby injuring investors further. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) due to cost issues and other problems with its Payeezy platform, Fiserv forced Payeezy merchants to migrate to its Clover platform; (2) Clover's revenue growth and GPV growth were temporarily and unsustainably boosted by these forced conversions, which concealed a slowdown in new merchant business; (3) shortly after these conversions, a significant portion of former Payeezy merchants switched to competing solutions due to Clover's high pricing, inadequate customer service, and other issues; (4) as a result of these merchant losses, Clover's GPV growth was significantly slowing, and its revenue growth was unsustainable; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you purchased Fiserv common stock, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE or contact us at: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Globe and Mail
3 hours ago
- Globe and Mail
Wells Fargo & Company Increases Common Stock Dividend
Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.45 per share, payable Sept. 1, 2025, to stockholders of record on Aug. 8, 2025. The third quarter dividend represents an increase of $0.05 per share, or 12.5%, from the prior quarter. This press release features multimedia. View the full release here: Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.0 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune's 2025 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
The Market Online
3 hours ago
- The Market Online
TSX advances despite tariff threat
TSX futures found their way higher in early Tuesday trading thanks to gains in oil and gold prices, as well as the potential for positive momentum should ongoing trade discussions between the US and China, entering their second day, result in a tenable deal. The US plans to impose reciprocal tariffs on its trade partners on August 1st. A deal with Canada has yet to be reached. This content has been prepared as part of a partnership with Union Pacific Corp., Norfolk Southern Corp. and Air Canada, and is intended for informational purposes only. Market Numbers (Futures) TSX: Up (0.5%), 27,542.4471. TSXV: Down (1.46%), 789.43 (from July 28). DOW: Up (0.19%), 45,093. NASDAQ: Up (0.33%), 23,586.25. FTSE: Up (0.80%), 9,132.26. Freight rail powerhouse Union Pacific (NYSE:UNP), the largest US railroad operator, intends to purchase Norfolk Southern (NYSE:NSC), a smaller competitor, for US$85 billion. The transaction would create the US's first coast-to-coast freight rail operator and would represent the largest buyout in industry history. In other transportation news, Air Canada (TSX:AC) posted profits of C$0.60 per share in Q2 2025, down from C$0.98 year-over-year, weighed down by falling traffic in the US market, with many travelers choosing to avoid the country because of ongoing tariff-based tensions. Currencies US: Down (0.28%), US$0.73. Euro: Up (0.21%), €0.629. GBP: Down (0.11%), £0.544. AUD: Up (0.08%), $1.117. JPY: Down (0.12%), ¥107.97. Bitcoin: Up (0.59%), US$118,704.70. (Conversion to C$1) Commodities Natural Gas: Up (0.92%), US$3.06. WTI: Down (0.21%), US$66.84. Gold: Up (0.06%), US$3,316.58. Copper: Up (0.01%), US$5.59. To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying about the market open for July 29, 2025, on Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
