Core Viewpoint - A class action lawsuit has been filed against ModivCare Inc. for alleged violations of securities laws, specifically related to misleading statements about the company's financial performance and liquidity issues [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to ModivCare's actions between November 3, 2022, and September 15, 2024, during which investors are encouraged to participate if they suffered losses [2]. - The complaint alleges that ModivCare made false and misleading statements regarding its pricing accommodations and contract renegotiations, which adversely affected its adjusted EBITDA [4]. - The company is accused of failing to maintain sufficient liquidity, leading to materially misleading public statements throughout the class period [4]. Group 2: Investor Participation - Investors who purchased ModivCare's securities during the specified class period are urged to contact the Schall Law Firm before March 31, 2025, to discuss their rights [2][3]. - The class has not yet been certified, meaning that potential participants are not currently represented by an attorney unless they take action [3].
MODV Investors Have Final Opportunity to Lead ModivCare Inc. Securities Fraud Lawsuit with the Schall Law Firm