SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of U.S. Physical Therapy, Inc.

NEW YORK--()--Levi & Korsinsky announces it has commenced an investigation of U.S. Physical Therapy, Inc. (NYSE:USPH) concerning possible violations of federal securities laws.

On March 16, 2017, U.S. Physical Therapy advised investors that the Company had discovered an accounting error. Specifically, the Company stated that "it was determined that the Company's historical accounting for redeemable non-controlling interests of acquired partnerships was incorrect due to the fact that those partnership agreements contain a provision that makes the non-controlling interests mandatorily redeemable and, thus incorrectly classified." U.S. Physical Therapy further stated that "[m]anagement has concluded that this error will result in the reporting of a material weakness in internal controls over financial reporting as they relate to this issue and that, as a result, ineffective internal controls over financial reporting. The error will require the restatement of previously issued financial statements." To obtain additional information, go to:

http://zlk.9nl.com/us-physical-usph

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

Release Summary

Levi & Korsinsky announces it has commenced an investigation of U.S. Physical Therapy, Inc. (NYSE: USPH) concerning possible violations of federal securities laws.

Contacts

Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com