Levi & Korsinsky Reminds ModivCare Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 - MODV
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Levi & Korsinsky law firm has filed a class action securities lawsuit against ModivCare Inc. (MODV), alleging securities fraud between November 2022 and September 2024. The lawsuit claims the company made false statements about its NEMT segment contracts, free cash flow, liquidity, and business prospects. Shareholders who suffered losses are invited to participate in the potential recovery action.
March 24, 2025 | 5:00 pm
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The class action lawsuit alleges securities fraud, which could negatively impact ModivCare's stock price and investor confidence. The claims involve misrepresentations about contract performance, cash flow, and liquidity.
The lawsuit directly targets ModivCare, alleging serious financial misrepresentations that could erode investor confidence and potentially lead to financial penalties or settlements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100