Accretive (AH) Shares Slammed as Piper Sees Headwinds in Debt-Collection Suit

Accretive Heath (NYSE: AH) is getting hit Wednesday following some comments from Piper Jaffray.

According to Piper, Accretive might suffer some headwinds from Minnesota attorney general Lori Swanson. The call is in relation to a lawsuit filed by Swanson against Accretive.

Bloomberg noted earlier that Accretive debt collectors were used by Fairview Health Services back in 2010 to pressure still-bedridden patients for payments on bills and expenses.

Swanson is suing for breach of U.S. debt-collection law.

Shares are down about 16 percent Wednesday. Implied volatility on the stock rose 19 percent from Monday's close, though volatility is still below the historical annual average.

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