Shareholders that lost money on ModivCare Inc. (MODV) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

Core Points - A class action securities lawsuit has been filed against ModivCare Inc. for alleged securities fraud affecting investors between November 3, 2022, and September 15, 2024 [1][2] - The lawsuit claims that ModivCare's NEMT segment contracts led to a deterioration in free cash flow, negatively impacting adjusted EBITDA and liquidity, while the defendants made misleading positive statements about the company's operations [2] Case Details - The complaint alleges that the defendants concealed the negative impact of contract renegotiations and pricing accommodations on the company's financial health [2] - Specific claims include that the company's adjusted EBITDA was adversely affected and that liquidity was insufficient due to these issues [2] Next Steps - Investors who suffered losses during the specified timeframe have until March 31, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm is recognized as one of the top securities litigation firms in the United States, ranking in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4]