INVESTOR ALERT: Former Attorney General of Louisiana Charles C. Foti, Jr. and KSF Notify Amedisys Inc. Investors of Lead P

NEW ORLEANS--(BUSINESS WIRE)-- Kahn Swick & Foti, LLC ("KSF") announces that investors have only until August 9, 2010 to apply for lead plaintiff in a securities class action lawsuit filed in the United States District Court, Middle District of Louisiana against Amedisys, Inc. ("Amedisys" or the "Company") (Nasdaq:AMED - News) and certain of its top officials. No class has yet been certified in this action.

If you are an Amedisys shareholder who has suffered losses on your investment and would like to discuss your legal rights, you may e-mail or call KSF Director of Client Relations, Neil Rothstein, Esq. without obligation or cost to you, toll free at 877/694-9510, after hours via cell phone 330/860-4092, or KSF Managing Partner, Lewis Kahn, toll free 1-866-467-1400, ext. 200, after hours via cell phone 504-301-7900, or by email at [email protected] or [email protected].

On July 1, 2010, Amedisys announced that it had received subpoenas for documents and a formal investigation from the Securities and Exchange Commission (SEC) related to the company’s billing practices. Shares of Amedisys fell as much as 22 percent in Thursday early morning trading. The subpoena seeks documents related to the company's home health care services and operations, including reimbursements under the Medicare home health prospective payment system, since January 1, 2000.

If you wish to serve as lead plaintiff in this class action lawsuit, you must move the Court no later than August 9, 2010. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. To learn more about KSF, you may visit KSF is a law firm focused on securities class action litigation with offices in Louisiana and New York. KSF’s lawyers have significant experience litigating complex securities class actions and have recovered tens of millions of dollars over the past two years for aggrieved investors.


Kahn Swick & Foti, LLC
Neil Rothstein, Esq., Director of Client Relations, 877-694-9510
Cell: 330-860-4092
[email protected]

KEYWORDS:   United States  North America  Louisiana

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