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News  ›  Benzinga

ARDT Investors Have Opportunity to Join Ardent Health, Inc. Fraud Investigation with the Schall Law Firm

Benzinga Logo Benzinga By Prnewswire
ARDT Investors Have Opportunity to Join Ardent Health, Inc. Fraud Investigation with the Schall Law Firm

The Schall Law Firm is investigating potential securities law violations by Ardent Health, Inc. after the company reported a $43 million revenue reduction and $54 million increase in professional liability reserves, causing its stock to drop 34%.

Insights
CSCO   neutral

Included as a top holding in the ETF without specific performance commentary


ARDT   negative

Company disclosed significant revenue reduction and liability increase, triggering a 34% stock price drop and potential legal investigation into potential misleading financial statements