Abbey Healthcare Group Incorporated condemns rumors.COSTA MESA Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. , Calif.--(BUSINESS WIRE)--Dec. 19, 1994--Abbey Healthcare Group Incorporated (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABBY) announced Monday that there is no basis for rumors For other uses, see Rumor (disambiguation). Rumors is a farcical play by Neil Simon. At its start, several affluent couples gather in the posh suburban residence of a couple for a dinner party celebrating their tenth anniversary. that have recently surfaced concerning alleged accounting irregularities within the Company. Jerilyn Asher, Abbey's President, stated that the reports that she alleged accounting irregularities are totally unfounded. The Company further stated that Ms. Asher will be leaving Abbey in the first half of 1995 to start a new business. Ms. Asher disagreed with the Board of Directors on Abbey's strategic direction and certain operational issues. Abbey has agreed to help Ms. Asher launch a new business which it is anticipated will be profitable for both parties. Abbey's field operations have been and will continue to be spearheaded by Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Steven T. Plochocki. Under Mr. Plochocki's direction, the Company has experienced strong improvement in the last half of 1994. At the time of Ms. Asher's departure, Chairman and Chief Executive Officer Timothy M. Aitken will reassume Re`as`sume´ v. t. 1. To assume again or anew; to resume. the position of President of Abbey. CONTACT: Abbey Healthcare Group Incorporated
Richard J. Rapp, Chief Financial Officer,
714/957-2062
or
Susan J. Turkell, Director of Public Relations
719/520-1313 or 714/957-2416
REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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