MODV LAWSUIT ALERT: Levi & Korsinsky Notifies ModivCare Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
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Law firm Levi & Korsinsky has filed a class action securities lawsuit against ModivCare Inc. (MODV), alleging the company made false statements and concealed issues with contract negotiations and liquidity between November 2022 and September 2024. The lawsuit claims the company misrepresented its business operations and financial prospects.
March 21, 2025 | 7:00 pm
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The class action lawsuit targets ModivCare's alleged misrepresentations about contract negotiations, EBITDA, and liquidity, which could negatively impact investor confidence.
The lawsuit directly targets MODV's financial representations, suggesting potential negative implications for investor trust and stock performance. Allegations of securities fraud and misleading statements could lead to short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100