City of Pontiac General Employees' Retirement System v. Asar et al

  1. April 01, 2016

    Orthotic Co. Beats Claims That Audits Caused Stock Drop

    A Texas federal judge on Friday tossed allegations that an orthotics company lied to investors about the impact of federally mandated Medicare billing audits, saying the investors had not shown the national provider had wrongdoing in mind.

  2. September 15, 2015

    Orthotic Co. Says No Connection Between Audits, Stock Drop

    An orthotic and prosthetic patient-care services provider told a Texas federal judge Monday that a securities suit brought by a retirement fund couldn't connect the dots between disappointing financials and Medicare audits it faced after the passage of the Affordable Care Act.

  3. November 13, 2014

    Orthotic Co. Faces Stock Drop Suit Over Medicare Audits

    Austin, Texas-based orthotic and prosthetic patient-care services provider Hanger Inc. was hit Wednesday with a putative class action in Texas federal court by a pension fund alleging the company lied about the impact of Medicare audits it faced after the passage of the Affordable Care Act.