Investigation and pending ERISA class action complaint against Health Management Associates on behalf of all persons who were participants in or beneficiaries of the Health Management Associates, Inc. Retirement Savings Plan between January 17, 2007 and the present and whose accounts included investments in Health Management common stock.
The class action complaint alleges that during the Class Period, Health Management breached its fiduciary duties by: failing to prudently and loyally manage the Plans' assets; failing to monitor fiduciaries; failing to provide complete and accurate information to the Class; and participating in a breach by a non-fiduciary.
Name (Stock Symbol)
Health Management Associates, Inc. (HMA)
Health Management Associates, Inc. owns and operates hospitals primarily in the southeast and southwest areas of non-urban America.
The information provided on ClassAdvocate.com is general in nature,
does not apply to any particular factual situation, and is not and
should not be taken as legal or other professional advice. We make no
commitment or warranty that the factual, legal or any other information
on ClassAdvocate.com, or on any linked website, is accurate, complete,
error-free, or current. As such, you should not rely on such information,
and should seek professional advice if and as you determine appropriate.
ClassAdvocate.com is not a lawyer referral service, and no attorney-client
or confidential relationship is or should be formed by use of the site.
The investigations listed on ClassAdvocate.com are attorney advertisements
and do not in any way constitute a referral or endorsement by ClassAdvocate.com
or any approved or authorized lawyer referral service.