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Stock Market & Financial Investment News

News Breaks
August 11, 2014
11:10 EDTGTIVGentiva Health discloses CID from DoJ in 10-Q
Gentiva Health disclosed in a regulatory filing that on or about June 19, the company received a Civil Investigative Demand from the U.S. Department of Justice, Western District of Missouri, under the federal False Claims Act requesting complete medical records for 14 hospice patients and other documents of Hospice Care of the Midwest, a subsidiary of Harden Healthcare Holdings, for the period from January 1, 2009 through June 19. The company is in the process of complying with the demand for documents and is cooperating with the investigation...On May 16, the company received a letter from the U.S. Department of Justice, Civil Division, Commercial Litigation Branch and the United States Attorney’s Office of the Eastern District of Pennsylvania notifying it of an investigation under the federal False Claims Act regarding Gentiva Health Services and related entities. The letter requested various documents related to the company’s home health business for the time period January 1, 2008 through May 16 including documents related to chart audits of Medicare claims. The company is cooperating with the investigation and is continuing to produce documents in response to the letter request. Based on the limited information that the company has at this time, the company is unable to predict the financial impact, if any, arising from this investigation.
News For GTIV From The Last 14 Days
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January 27, 2015
17:51 EDTGTIVS&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices
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17:24 EDTGTIVANI Pharmaceuticals to replace Gentiva Health in S&P 600 as of 2/2 close
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January 22, 2015
16:17 EDTGTIVGentiva Health stockholders approve combination with Kindred Healthcare
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16:06 EDTGTIVGentiva Health stockholders approve combo with Kindred Healthcare
Gentiva Health Services (GTIV) announced that all proposals necessary for the combination with Kindred Healthcare (KND) were approved by Gentiva’s stockholders at the company’s Special Meeting of Stockholders. Gentiva and Kindred expect to complete the transaction on February 2. As previously announced, on October 9, Kindred and Gentiva entered into a definitive agreement under which Kindred will combine with Gentiva for $14.50 per share in cash and 0.257 shares of Kindred common stock based upon an agreed upon fixed exchange ratio.
January 21, 2015
11:35 EDTGTIVGentiva Health to host special shareholder meeting
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