NEW YORK, March 19, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Huron Consulting Group, Inc. ("Huron" or the "Company") (NASDAQ: HURN), concerning whether the board has breached its fiduciary duties to shareholders.
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Huron has allegedly submitted questionable reimbursement claims for services that did not conform with Medicare and Medicaid regulations. As a result of the allegations, Huron may have reported net sales and accounts receivable that were artificially inflated because they included proceeds of the Medicare/Medicaid fraud. According to a federal whistleblower lawsuit, Huron actually kept a second set of books for the purpose of tracking the fraud. Due to these activities, Huron is named as a defendant in a whistleblower lawsuit, exposing the company to over $100 million in potential costs to settle the allegations.
Our investigation concerns whether the Huron board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Huron shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Matthew M. Houston, Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: [email protected]
Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (http://www.hfesq.com/). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP
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