METAIRIE, La., Sept. 16, 2008 (GLOBE NEWSWIRE) -- The Law Offices of Eric J. O'Bell, LLC ("O'Bell") announce that it is commencing an investigation into Rotech Healthcare, Inc. ("Rotech" or the "Company") (OTC BB:ROHI) to determine whether it has violated federal securities laws by issuing materially false and misleading statements to shareholders.
Rotech recently paid $2 million to settle civil charges that it has engaged in false or fraudulent conduct in billing Medicare for durable medical equipment, according to attorneys representing a former executive who filed whistleblower claims against the Company. On August 21, 2008 the Nasdaq Stock Market announced that it was delisting the Rotech's common stock.
If you are a Rotech shareholder, and/or have information that would assist in this ongoing investigation, or have other questions related to a loss you've suffered in your investment, you may e-mail or call Eric J. O'Bell directly without obligation or cost to you toll-free at 1-866-938-1596 or by email at ejo@obelllawfirm.com.