Harwood Feffer LLP Announces Investigation of InfuSystem Holdings, Inc.

May 19, 2017

NEW YORK, May 19, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of InfuSystem Holdings, Inc. ("InfuSystem" or the "Company") (NYSE: INFU), concerning whether the board has breached its fiduciary duties to shareholders.

Harwood Feffer LLP. (PRNewsFoto/Harwood Feffer LLP)

On November 7, 2016, InfuSystem disclosed that errors in certain previously issued financial statements that resulted in miscalculating future cash collections expected from outstanding accounts receivables.  In its amended 2015 Form 10-K filed on December 12, 2016, the Company confirmed that accounts receivable errors impacted revenues and pre-tax income by approximately $3.3 million from the beginning of 2015 to the end of second quarter of 2016.

Our investigation concerns whether the Company 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 InfuSystem 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.
Benjamin I. Sachs-Michaels, Esq.
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 
Follow us on Twitter: @HarwoodFeffer

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. 

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SOURCE Harwood Feffer LLP