Workflow
PACS Group Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation
PACS Group, Inc.PACS Group, Inc.(US:PACS) GlobeNewswire News Roomยท2024-11-08 14:36

Core Viewpoint - PACS Group, Inc. is under investigation for potential securities law violations following a significant drop in share price due to allegations of improper revenue inflation related to Medicare [2][4]. Group 1: Company Performance - PACS Group shares have decreased by over 50% this week [2]. - The company postponed its Q3 earnings report after a Hindenburg Research report raised concerns about the misuse of COVID waivers from 2020 to 2023 [2]. Group 2: Legal Investigation - Block & Leviton is investigating PACS Group for possible securities law violations and may file actions to recover losses for affected investors [4][7]. - Investors who have lost money in PACS Group are encouraged to contact Block & Leviton for potential recovery options [5][6]. Group 3: Investor Eligibility - Any individual who purchased PACS Group common stock and experienced a decline in share value may be eligible for recovery, regardless of whether they sold their investment [3].