Reminder for ModivCare Investors Regarding Ongoing Class Action Lawsuit

Levi & Korsinsky, LLP, a national securities law firm, is reminding investors of ModivCare, Inc. of the pending class action lawsuit. The deadline for investors to participate in the lawsuit as a lead plaintiff is March 31, 2025. The lawsuit focuses on whether ModivCare made false or misleading statements relating to its business and financial performance.

ModivCare provides home and community-based healthcare services. The class action lawsuit alleges that ModivCare failed to disclose that it was experiencing a significant impact on its ability to develop and implement effective internal controls.

The lawsuit claims that ModivCare did not maintain effective internal controls over its financial reporting, leading to misleading financial statements. It suggests that the company’s reported revenue was inflated, its financial guidance was unreliable, and that its business faced significant risks and uncertainties that had not been disclosed.

Investors who purchased ModivCare securities between February 1, 2021, and August 23, 2023, may be eligible to participate in the lawsuit as a lead plaintiff. By doing so, investors can actively oversee and direct the litigation on behalf of the class.

If you wish to participate in the lawsuit as a lead plaintiff, it is crucial to take action before the deadline on March 31, 2025. Investors who have suffered losses exceeding $100,000 from their investment in ModivCare securities are encouraged to contact Levi & Korsinsky for more information on how to participate in the lawsuit.

Levi & Korsinsky is a national law firm with experience in securities litigation. The firm dedicates its practice to safeguarding the rights of investors and uncovering corporate wrongdoing. If you are a ModivCare investor and believe that you may have lost money as a result of the alleged misrepresentations by the company, you are urged to take action and participate in the class action lawsuit before the deadline passes.

Investors should be aware of their rights and options in such cases. By actively participating in the class action lawsuit, investors can seek to recover losses resulting from alleged securities fraud committed by ModivCare. It is essential to consult with legal professionals experienced in securities litigation to understand the process and requirements for participation.