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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?


To: Jean-Philippe Chevalier who wrote (3538)3/17/1998 7:27:00 AM
From: Goulds  Respond to of 7054
 
don, the financials are properly reported. You keep making that statement... Prove it.



To: Jean-Philippe Chevalier who wrote (3538)3/17/1998 7:50:00 AM
From: Andrew Q. Viet  Read Replies (1) | Respond to of 7054
 
Did you have any proof of accounting impropriety? John Chew offered an award of $50,000 to anyone who could find impropriety in their accounting methods and there was no taker? Why didn't you offer any proof to pocket a cool $50,000? I bet you have nothing to show because what ACRT does is proper and within the guideline of the US GAAP. You are like Pink, just give false allegations and cannot offer any evidence to prove anything that you accuse them of.Since you did not take up the offer, let retire the issue and talk about something else.

Best regards.



To: Jean-Philippe Chevalier who wrote (3538)3/17/1998 7:55:00 AM
From: Andrew Q. Viet  Respond to of 7054
 
I have proof of Accounting Impropriety: The company is AHG

Class Action Suit Filed Against Apria Healthcare Group Inc., Alleging
Misrepresentations

NEW YORK--(BUSINESS WIRE)--March 5, 1998--A class action lawsuit was filed on March 5, 1998 in the United States
District Court for the Central District of California, on behalf of all purchasers of Apria Healthcare Group Inc. (NYSE:AHG -
news; ''Apria'' or the ''Company'') common stock between March 2, 1995 through Jan. 20, 1998, inclusive (the ''Class
Period'') seeking to pursue remedies under the Securities Exchange Act of 1934.

The class action claims complain of a fraudulent scheme involving the merger of Homedco Group Inc. (''Homedco'') and
Abbey Healthcare Group Inc. (''Abbey'') to form Apria in July 1995. Specifically, defendants represented to the public that the
merger would achieve significant cost savings, was moving smoothly and rapidly through the integration process, and that the
combined company would experience and was experiencing economies of scale and efficiencies in field operations. In truth,
Apria's new computerized billing system, the ''lifeblood of the Company,'' was consistently billing insurance companies for the
wrong types of payments and/or authorizing services not covered by the subject insurance, causing insurance companies to
reject the bills and Apria to accumulate massive amounts of accounts receivable of doubtful collectibility. Also undisclosed
during the Class Period was that Apria was providing kickbacks to doctors in return for referrals, that Apria's field operations
were in chaos and serious non-compliance with FDA regulations, and that Apria was selling its services at less than cost. While
the foregoing was concealed from the public, it was known to defendants, and each individual defendant named in the suit
engaged in illegal insider selling of Apria stock, for combined proceeds of approximately $14 million.

Plaintiff seeks to recover damages on behalf of class members and is represented by Stull, Stull & Brody, a firm with extensive
experience in prosecuting investor class actions and actions involving financial fraud. Stull, Stull & Brody has litigated many
stockholder, class and derivative actions for violations of securities laws over the past 25 years and has obtained court
approval of substantial settlement on numerous occasions.

If you are a member of the class described above, you may move the court to serve as lead plaintiff to the class within 60 days
from March 5, 1998. If you wish to discuss this action or have any questions concerning this notice or your rights with respect
to this matter, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by calling toll-free 1-800-337-4983, or by e-mail at
SSBNY@aol.com, or by fax at 212/490-2022, or by writing Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.