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MODV Shareholders Have the Right to Lead the ModivCare Inc. Lawsuit - Contact the DJS Law Group to Discuss Your Rights - MODV
MODVModivCare (MODV) Prnewswire·2025-03-17 22:34

Core Viewpoint - A class action lawsuit has been filed against ModivCare Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about the company's financial performance and liquidity issues [1]. Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased ModivCare's securities between November 3, 2022, and September 15, 2024 [1]. - Allegations include that ModivCare made misleading statements about the impact of pricing accommodations and contract renegotiations on its adjusted EBITDA [1]. - The company is also accused of failing to maintain sufficient liquidity during the class period [1]. Group 2: Investor Participation - Shareholders who suffered losses during the specified class period are encouraged to contact the DJS Law Group to participate in the lawsuit [2]. Group 3: DJS Law Group Profile - DJS Law Group specializes in enhancing investor returns through securities class actions, corporate governance litigation, and M&A appraisals [3]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [3].