SOURCE: Holzer Holzer & Fistel, LLC

Holzer Holzer & Fistel, LLC

August 04, 2009 10:12 ET

Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Has Been Filed on Behalf of Investors in Skilled Healthcare Group, Inc. (NYSE: SKH)

ATLANTA, GA--(Marketwire - August 4, 2009) - Holzer Holzer & Fistel, LLC announces a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased shares of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or the "Company") (NYSE: SKH) common stock between May 14, 2007 and June 9, 2009, inclusive (the "Class Period"). The complaint alleges that Skilled Healthcare and certain of its officers violated the federal securities laws. According to the complaint, Skilled Healthcare misrepresented its income and was forced to restate its financial statements. The complaint also seeks damages for what it alleges were similar misrepresentations contained in Company's Registration Statement and Prospectus issued in connection with Skilled Healthcare's Initial Public Offering of May 14, 2007.

If you purchased shares of Skilled Healthcare common stock during the Class Period, you have the legal right to petition the Court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made no later than September 22, 2009. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you are a Skilled Healthcare investor and would like to discuss a potential lead plaintiff appointment, or your rights and interests with respect to the lawsuit, you may contact Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.