Reminder to ModivCare Investors of Pending Class Action Lawsuit from Levi & Korsinsky
Investors who have invested in ModivCare have been reminded of the impending class action lawsuit by Levi & Korsinsky. The deadline for lead plaintiff submission is on March 31, 2025.
ModivCare, formerly known as Providence Service Corporation, has been facing legal action for alleged violations of federal securities laws. The lawsuit aims to represent investors who have suffered losses due to ModivCare’s actions.
The class action lawsuit centers around ModivCare’s business and financial performance, particularly focusing on its Home and Community Based Services segment. The lawsuit alleges that ModivCare made false and misleading statements regarding its financial outlook and business practices, leading investors to believe the company was performing better than it actually was.
Investors who purchased ModivCare securities between February 28, 2020, and February 15, 2022, are eligible to participate in the class-action lawsuit. The lead plaintiff deadline is fast approaching, with interested parties required to submit their application by March 31, 2025.
Those who wish to join the lawsuit must meet certain criteria and comply with the court’s guidelines. This includes appointing a lead plaintiff who will represent the interests of all investors involved in the case.
The class action lawsuit against ModivCare highlights the importance of holding companies accountable for their actions and providing investors with a means to seek justice for any losses they may have incurred. By participating in the lawsuit, investors can potentially recover damages resulting from the alleged securities law violations.
Investors who believe they have been affected by ModivCare’s actions are encouraged to seek legal counsel and consider joining the class action lawsuit. By coming together as a group, investors can present a united front and work towards securing a fair resolution in the case.
The deadline for lead plaintiff submission is approaching rapidly, and investors who wish to participate in the lawsuit must act promptly to ensure their eligibility. With legal proceedings underway, investors have the opportunity to seek justice and hold ModivCare accountable for any alleged misconduct.
