Investors Advocacy Organization Urges Major Corporate Changes at Nobilis Health and Patient Home Monitoring
December 4, 2016
As long suffering investors are well aware, these companies have consistently failed their shareholders. The boards and management of these companies have demonstrated inability and unwillingness to stem the destruction of their share prices, much less create shareholder value. We urge all shareholders to seek immediate action and demand sale of these companies. The status quo and continuing deterioration is unacceptable.
We note these companies’ operations are largely based in the U.S. but have accessed the Canadian capital markets by listing on the TSX. Investors and regulators should take a note of these companies’ performance and the individuals and institutions behind them in bringing them to Canadian investors.