
Core Viewpoint - Investors in PACS Group, Inc. have until January 13, 2025, to file lead plaintiff applications in a securities class action lawsuit due to alleged failures in disclosing material information related to the company's IPO and subsequent securities transactions [1][2]. Group 1: Lawsuit Details - The lawsuit against PACS Group, Inc. is based on claims that the company and certain executives failed to disclose material information in the Registration Statement and during the Class Period, violating federal securities laws [2]. - The case is identified as Manchin v. PACS Group, Inc., et al., No. 24-cv-8636 [4]. Group 2: Company Performance and Market Reaction - On November 6, 2024, PACS disclosed receiving civil investigative demands from the federal government regarding its reimbursement and referral practices, leading to a postponement of its 3Q 2024 earnings release [3]. - Following this announcement, PACS' share price dropped by $11.45, or 38.76%, closing at $18.09 per share on November 6, 2024, with unusually high trading volume [3]. Group 3: Investor Support and Resources - ClaimsFiler provides a free service for shareholders to recover funds from securities class action settlements, offering resources such as registration for case information, portfolio data uploads, and free case evaluations from legal experts [4].