Law Office of Brodsky & Smith, LLC Reminds Accretive Health Investors of Upcoming Deadline in Putative Class Action Lawsuit

  Law Office of Brodsky & Smith, LLC Reminds Accretive Health Investors of
  Upcoming Deadline in Putative Class Action Lawsuit

Business Wire

BALA CYNWYD, Pa. -- July 3, 2013

Law Office of Brodsky & Smith, LLC announces that it has filed a class action
lawsuit in the United States District Court for the Northern District of
Illinois on behalf of all those who purchased or otherwise acquired shares of
Accretive Health, Inc. (NYSE: AH) (“Accretive” or the “Company”) between May
20, 2010 and February 26, 2013, inclusive (the “Class Period”).

The Complaint charges Accretive and other defendants with violations of the
Federal Securities Laws. It is alleged that, throughout the Class Period,
defendants failed to disclose material adverse facts about the Company’s
financial well-being and prospects. Specifically, defendants failed to
disclose or indicate the following: (1) that the Company had improperly
recognized revenue under certain managed service contracts; (2) that the
Company’s financial statements were not prepared in accordance with Generally
Accepted Accounting Principles; (3) that the Company lacked adequate internal
and financial controls; and (4) that, as a result of the foregoing, the
Company’s financial statements were materially false and misleading at all
relevant times.

If you are a member of the class described above, you may, not later than July
19, 2013, move the Court to serve as a lead plaintiff of the class, if you so
choose. If you purchased shares of Accretive stock during the Class Period and
wish to discuss this action, you may e-mail or call the Law Office of Brodsky
& Smith, LLC who will, without obligation or cost to you, answer your
questions. Please contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire
at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by
e-mail at investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/581-ah-accretive-healthcare-inc.html, or calling toll
free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case action
lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous
courts throughout the country to serve as lead counsel in class actions and
successfully recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/581-ah-accretive-healthcare-inc.html
 
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