SAN DIEGO, Nov. 5, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving PACS Group, Inc. (NYSE: PACS) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.If you have information that could assist in the PACS Group Investigation or if you are a PACS Group investor who suffered a loss and would like to ...

PHILADELPHIA, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The law firm of Barrack, Rodos & Bacine is investigating PACS Group Inc. (NYSE: PACS) for potential securities claims on behalf of shareholders who have suffered financial losses in their PACS' investment. WHAT'S THIS ABOUT? On November 4, 2024, Hindenburg Research published a research report about PACS alleging, among other things, that the company has been "systematically scamming taxpayers." According to Hindenburg, PACS inflated its Medicare revenue by mis ...

SAN DIEGO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving PACS Group, Inc. (NYSE: PACS) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the PACS Group Investigation or if you are a PACS Group investor who suffered a loss and would like to learn more ...

SAN FRANCISCO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- PACS Group, Inc. (NYSE: PACS) experienced a significant decline in its share price on November 4, 2024, following the publication of an explosive short report by activist short seller Hindenburg Research. The report, titled “PACS Group: How To Become A Billionaire In The Skilled Nursing Industry By Systematically Scamming Taxpayers,” accused the company of engaging in fraudulent practices. Hagens Berman has begun an investigation into the matter and urges inv ...

SAN DIEGO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Dicello Levitt LLP announces that it has launched an investigation into whether PACS Group, Inc. (“PACS” or the “Company”) (NYSE: PACS) complied with federal securities laws. The Firm’s investigation focuses on whether the Company violated the federal securities laws, issued false and/or misleading statements, and/or failed to disclose information required to be disclosed to investors. Investors who purchase PACS securities and those with information about the al ...

NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into PACS Group, Inc. (NYSE: PACS) for potential violations of the federal securities laws. If you invested in PACS, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/pacs-group-inc. Why Did PACS’s Stock Drop? PACS is one of the largest operators of skilled nursing facilities in the United States. PACS has repeatedly represen ...

NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of purchasers of PACS Group, Inc. (“PACS”) common stock (NYSE: PACS). PACS operates skilled nursing and assisted living facilities. PACS had its IPO April 10, 2024 and sold 24.6 million shares at $21.00 per share. On September 5, 2024, PACS and its two co-founders sold 19.0 million shares at $36.25 per share in a secondary equity offering. During the trading day on November 4, 2024, Hindenburg Research is ...

BOSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating PACS Group, Inc. (NYSE: PACS) for potential securities law violations. Investors who have lost money in their PACS Group investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/pacs. What is this all about? PACS Group shares fell over 30% today after a Hindenburg Research report alleged the company improperly inflated Medicare revenue through m ...

PACS Group, Inc. Reports Second Quarter 2024 Results August 12, 2024 Conference Call and Webcast scheduled for today, August 12, 2024, at 5:00 pm ET. FARMINGTON, Utah—(BUSINESS WIRE)—PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company"), which together with its subsidiaries is one of the largest post-acute healthcare companies in the United States, announced operating results for the second quarter of 2024. Highlights: • GAAP net income (loss) was $38.2 million for the six months ended June 30, 2024 and $ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 10-Q _________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ______. Commission file number 001-42011 _________________________ PACS Group, Inc. (Exact name of ...