MODV FINAL DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages ModivCare Inc. Investors to Secure Counsel Before Important March 31 Deadline in Securities Class Action - MODV
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Rosen Law Firm is pursuing a securities class action lawsuit against ModivCare Inc. (MODV) for allegedly making false and misleading statements about its business operations during the period from November 3, 2022 to September 15, 2024. The lawsuit claims the company failed to disclose issues with non-emergency medical transportation contracts that negatively impacted free cash flow, adjusted EBITDA, and liquidity.
March 22, 2025 | 10:00 pm
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NEGATIVE IMPACT
Potential class action lawsuit suggests financial irregularities in ModivCare's reporting of non-emergency medical transportation segment performance
The lawsuit alleges significant misrepresentations about ModivCare's financial condition, which could negatively impact investor confidence and stock price
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100