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Kindred Healthcare, Inc. (NYSE:KND) Investor Investigation Concerning possible Wrongdoing Announced

  • If you purchased shares of Kindred Healthcare, Inc. (NYSE:KND), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Kindred Healthcare, Inc.
Security
NYSE: KND

Summary

February 2, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Kindred Healthcare, Inc. (NYSE:KND) was announced over potential breaches of fiduciary duties by certain officers and directors at Kindred Healthcare.

The investigation by a law firm concerns whether certain Kindred Healthcare officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Kindred Healthcare, Inc. reported that its annual Total Revenue rose from over $4.77 billion in 2013 to over $5.02 billion in 2014 and that its Net loss declined from $168.49 million in 2013 to $79.84 million in 2014.

Shares of Kindred Healthcare, Inc. (NYSE:KND) declined from $26.26 per share in June 2014, respectively $24.33 per share in March 2015 to as low as $8.45 per share on January 13, 2016.

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