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PACS Group, Inc. ANNOUNCEMENT: If You Have Suffered Losses in PACS Group, Inc. (NYSE: PACS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
PACS Group, Inc.PACS Group, Inc.(US:PACS) GlobeNewswire News Roomยท2024-11-09 23:26

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of PACS Group, Inc. due to allegations of materially misleading business information issued by the company [1] Group 1: Investigation and Allegations - PACS Group may have issued misleading information to the investing public, prompting an investigation by Rosen Law Firm [1] - Hindenburg Research published a report alleging that PACS Group's turnaround strategy for skilled nursing facilities involves scamming taxpayer-funded healthcare programs, leading to a significant stock price drop of 27.7% on November 4, 2024 [3] Group 2: Class Action and Compensation - Investors who purchased PACS Group securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]