HOUSTON, TX--(Marketwired - Oct 16, 2015) - Nobilis Health Corp. (
The Nobilis management team fully supports the decision of the Board's Special Committee and independent directors to hire attorneys Lanny Davis and Robert Hopper and to conduct an independent review of all the Blogger's allegations. Management agrees with the decision to report on findings of fact directly to the Special Committee and independent directors, and supports the Board's commitment to publish the results of the independent review.
Nobilis Management has reviewed the anonymous blogger's spurious and misleading posting on the crowd funded website Seeking Alpha and provided comment on the company's website at: http://tinyurl.com/nhnzx5j or http://investors.nobilishealth.com/phoenix.zhtml?c=211156&p=irol-irhome
Management would like to point out that the author is a self-admitted short-seller who stands to make substantial profits via distortions that lead to an erosion in investor confidence followed by a sharp decrease in the Company's share price.
Evidence accompanying official demands for inquiry regarding the post as it relates to a market manipulation scheme has been filed with the Ontario Securities Commission by Canadian financial institutions.
As to the facts in response to the blog, we await the work of the Special Committee formed by the Board, which retained independent counsel Robert Hopper and Lanny Davis, to complete its independent review and publish the results, regardless of what they are.
About Nobilis Health Corp.
Nobilis utilizes innovative direct-to-patient marketing focused on a specified set of procedures that are performed at our centers by local physicians. Currently, Nobilis owns and manages four surgical hospitals and five ASCs, partners with an additional 28 facilities throughout the country, and markets six independent brands.
Forward Looking Statements
This news release may contain forward-looking statements (within the meaning of applicable securities laws) and financial outlooks relating to the business of Nobilis Health Corp. (the "Company") and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions and may discuss future expectations, contain projections of future results of operations or of financial condition, or state other forward-looking information. These statements are based on the Company's expectations, estimates, forecasts and projections and while the Company considers these to be reasonable based on information currently available, they may prove to be incorrect. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. These risks and uncertainties are discussed in the Company's regulatory filings available on the Company's web site at www.NobilisHealth.com, www.Sedar.com, and www.sec.gov in the risk factors described in the Company's Form 10-K for the fiscal year ended December 31, 2014, filed on April 2, 2015. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. Other than as required by law, the Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances.