INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of March 31, 2025 Lead Plaintiff Deadline in the ModivCare Inc. (MODV) Securities Class Action – Investors With Significant Losses Encouraged to Contact the Firm
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A securities class action lawsuit has been filed against ModivCare Inc. (MODV) alleging the company made false or misleading statements about its business operations, specifically regarding its non-emergency medical transportation (NEMT) segment. The lawsuit claims the company misrepresented its free cash flow, contract negotiations, liquidity, and overall business prospects between November 3, 2022 and September 15, 2024.
March 24, 2025 | 5:45 pm
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The lawsuit alleges material misstatements about NEMT segment performance, potentially impacting investor confidence and stock valuation.
The lawsuit directly targets ModivCare's financial representations, which could negatively impact investor sentiment, potentially leading to stock price decline. The specific allegations about cash flow, contract negotiations, and liquidity suggest significant operational challenges.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100