WASHINGTON, Oct. 21, 2002 (PRIMEZONE) -- The Law Office of Mark McNair announces that the lead plaintiff deadline is approaching with respect to the securities class action lawsuit that has been filed against HealthSouth Corporation (NYSE:HRC). The complaint is on behalf of, and seeks damages for shareholders who purchased the stock between January 14, 2002 and August 27, 2002.
The deadline for filing a Lead Plaintiff Motion is October 28, 2002.
To serve as lead plaintiff, you must meet certain legal requirements. The lead plaintiff is a person or institution who acts on behalf of other class members in directing the litigation. The Law Office of Mark McNair recognizes that investors with significant losses often are uncertain about the class action process and they are unclear whether they should take an active role in a case. The Law Office of Mark McNair would be happy to review this process with you.
In terms of recent developments regarding the case, it should be noted that HealthSouth is being sued by the Department of Justice for allegedly improper billing practices dating as far back as 1992.
If you have any questions, please contact Mark McNair at 1101 30th Street PN.W. Suite 500, Washington, D.C, 20007 by telephone at (877) 511.4717 or (202) 872.4717, via e-mail at mcnair@justice4investors.com or visit our website www.justice4investors.com.
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca.