Reminder for ModivCare Investors: Levi & Korsinsky Class Action Lawsuit Update
Investors in ModivCare have been reminded by Levi & Korsinsky of the ongoing class action lawsuit against the company, with a lead plaintiff deadline set for March 31, 2025. ModivCare, based in New York, has been embroiled in legal trouble, and investors need to take note of this important deadline.
The class action lawsuit against ModivCare involves allegations that the company made materially false and misleading statements regarding its business operations and financial prospects. Investors who purchased ModivCare securities between February 1, 2022, and January 21, 2025, are eligible to participate in the lawsuit.
The lawsuit claims that ModivCare failed to disclose that it was experiencing a significant increase in client churn due to the loss of key contracts. Additionally, the company allegedly failed to disclose that it was experiencing operational disruptions resulting from the integration of its acquired businesses.
Investors who suffered losses as a result of investing in ModivCare securities during the specified period are encouraged to contact Levi & Korsinsky to learn more about their legal rights. The law firm is actively representing investors in securities litigation nationwide and has a proven track record of success in recovering damages for investors who have been misled by companies.
The lead plaintiff deadline for the class action lawsuit against ModivCare is fast approaching, and investors who wish to participate in the lawsuit must take action before March 31, 2025. By acting promptly, investors can assert their rights and seek compensation for any losses they may have incurred as a result of investing in ModivCare securities.
In conclusion, investors in ModivCare should be aware of the pending class action lawsuit against the company and the upcoming lead plaintiff deadline of March 31, 2025. Those who purchased ModivCare securities between February 1, 2022, and January 21, 2025, may be eligible to participate in the lawsuit and seek compensation for any losses they have suffered. Contacting Levi & Korsinsky is crucial for investors who wish to learn more about their legal rights and options in this matter.