NEW YORK, July 3, 2008 (LAWFUEL) — The Brualdi Law Firm P.C.
announces that a lawsuit has commenced in the United States District
Court for the Middle District of Tennessee on behalf of purchasers of
Healthways, Inc. (“Healthways” or “the Company”) (Nasdaq:HWAY) common
stock during the period between October 17, 2007 and February 26, 2008
(the “Class Period”).
No class has yet been certified in the above action. Until a class is
certified, you are not represented by counsel unless you retain one. If
you purchased Healthways common stock during the period described
above, you have certain rights, and have until no later than 60 days
from June 5, 2008 in which to move for Lead Plaintiff status. 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.
To be a member of the class you need not take any action at this time,
and you may retain counsel of your choice. If you wish to discuss this
action or have any questions concerning this Notice or your rights or
interests with respect to these matters, please contact Sue Lee at The
Brualdi Law Firm, 29 Broadway, Suite 2400, New York, New York 10006, by
telephone toll free at (877) 495-1877 or (212) 952-0602, by email to
[email protected] or visit our website at
The complaint charges Healthways and certain of its officers and
directors with violations of the Securities Exchange Act of 1934. The
complaint alleges that, during the Class Period, defendants issued a
series of materially false and misleading statements concerning the
Company’s financial performance and prospects.