Oct. 26, 2012 (Shareholders Foundation) -- An investigation on behalf of current investors in shares of Vanguard Health Systems, Inc. (NYSE:VHS) concerning whether certain officers and directors of Vanguard Health Systems, Inc. breached their fiduciary duties in connection with their conduct of seeking shareholders approval of the compensation for certain officers.

The investigation by a law firm focuses on whether certain directors and officers of Vanguard Health Systems, Inc. harmed the company. Specifically, the investigation focuses on potential breaches of fiduciary duties in connection with their conduct of seeking shareholders approval of the compensation for Vanguard Health Systems named executive officers

Vanguard Health Systems, Inc. (NYSE:VHS) reported that its Total Revenue rose from over $3.22 billion for the 12 months period that ended on June 30, 2010 to over $5.94 billion for the 12 months period that ended on June 30, 2012 and Net Loss of $49.20 million for the 12 months period that ended on June 30, 2010 turned into a Net Income of $57.30 million for the 12 months period that ended on June 30, 2012.

Shares of Vanguard Health Systems, Inc. (NYSE:VHS) declined from as high as $17.84 per share in July 2011 to as low as $7.35 per share in June 2012.

The compensation of certain top officials at Vanguard Health Systems, Inc. (NYSE:VHS) increase significantly between 2010 and 2012. For instance the Chairman of the Board and CEOs pay rose from over $2.4 million in 2010 to over $7.9 million in 2012, the Executive VP and CFOs compensation increased from over $965,000 in 2010 to over $2.3 million in 2012, and the President and COOs pay increased from over $1.4 million in 2010 to over $2.7 million in 2012.

On October 25, 2012, NYSE:VHS shares closed at $10.80 per share.