ModivCare Inc.

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US Stocks Mixed; Dollar General Posts Upbeat Earnings
Benzinga· 2025-06-03 14:08
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 50 points on Tuesday.Following the market opening Tuesday, the Dow traded down 0.04% to 42,286.94 while the NASDAQ rose 0.26% to 19,292.19. The S&P 500 also rose, gaining, 0.04% to 5,938.09.Check This Out: Jim Cramer Recommends Nvidia Over ‘Very Cheap’ Semiconductor StockLeading and Lagging SectorsInformation technology shares jumped by 0.6% on Tuesday.In trading on Tuesday, real estate stocks fell by 1.1%.Top HeadlineDollar Gen ...
LifeMD, Inc. (LFMD) Q1 Earnings and Revenues Top Estimates
ZACKS· 2025-05-06 22:40
LifeMD, which belongs to the Zacks Medical Services industry, posted revenues of $65.7 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.20%. This compares to year-ago revenues of $44.14 million. The company has topped consensus revenue estimates three times over the last four quarters. LifeMD, Inc. (LFMD) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.19 per share a year ...
MODV DEADLINE NOTICE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages ModivCare Inc. Investors to Secure Counsel Before Important March 31 Deadline in Securities Class Action – MODV
GlobeNewswire News Room· 2025-03-27 23:04
Core Viewpoint - Rosen Law Firm is reminding investors who purchased ModivCare Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the ModivCare securities is from November 3, 2022, to September 15, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions [3]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors [3]. Group 3: Case Allegations - The lawsuit alleges that ModivCare's defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [4]. - Specific issues cited include the deterioration of free cash flow in ModivCare's non-emergency medical transportation segment, which negatively impacted adjusted EBITDA and liquidity [4]. - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading statements [4].
Shareholders that lost money on ModivCare Inc. (MODV) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-03-27 16:48
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in ModivCare Inc. ("ModivCare" or the "Company") (NASDAQ: MODV) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ModivCare investors who were adversely affected by alleged securities fraud between November 3, 2022 and September 15, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/modivcare-inc-lawsui ...
ModivCare Inc. Class Action: The Gross Law Firm Reminds ModivCare Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 31, 2025 – MODV
GlobeNewswire News Room· 2025-03-26 15:03
Core Viewpoint - ModivCare Inc. is facing a class action lawsuit due to allegations of false statements and concealment of information that negatively impacted the company's financial performance, particularly in its Non-Emergency Medical Transportation (NEMT) segment [3]. Group 1: Allegations and Financial Impact - The lawsuit claims that certain contracts in ModivCare's NEMT segment led to a deterioration in the company's free cash flow [3]. - It is alleged that contract renegotiations and pricing accommodations adversely affected the company's adjusted EBITDA [3]. - The company reportedly faced liquidity issues as a result of these factors, and the defendants' positive statements about the company's business were misleading [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as November 3, 2022, to September 15, 2024 [3]. - Shareholders who purchased shares during this period are encouraged to register for participation in the class action, with a deadline set for March 31, 2025 [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure that companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of ModivCare Inc.(MODV) Shareholders
Prnewswire· 2025-03-24 09:45
Core Viewpoint - ModivCare Inc. is facing allegations of making false statements and concealing information that negatively impacted its financial performance, particularly in its Non-Emergency Medical Transportation (NEMT) segment [1][2]. Group 1: Allegations and Financial Impact - The complaint alleges that certain contracts in ModivCare's NEMT segment caused a deterioration in the company's free cash flow [1]. - As a result of these issues, the company experienced negative impacts on its adjusted EBITDA due to contract renegotiations and pricing accommodations [1]. - The company was reported to have insufficient liquidity, and the defendants' positive statements regarding the company's business and prospects were deemed materially misleading [1]. Group 2: Class Action Details - The class period for the allegations is from November 3, 2022, to September 15, 2024 [1]. - Shareholders who purchased shares during this period are encouraged to register for the class action, with a deadline set for March 31, 2025 [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2].
ModivCare Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before March 31, 2025 to Discuss Your Rights – MODV
Globenewswire· 2025-03-24 09:37
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in ModivCare Inc. ("ModivCare" or the "Company") (NASDAQ: MODV) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ModivCare investors who were adversely affected by alleged securities fraud between November 3, 2022 and September 15, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/modivcare-inc-lawsui ...
Class Action Filed Against ModivCare Inc. (MODV) Seeking Recovery for Investors – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-03-21 17:32
Core Viewpoint - 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]. Group 1: Lawsuit Details - The lawsuit claims that ModivCare made false statements and concealed information regarding contracts in its Non-Emergency Medical Transportation (NEMT) segment, which led to a deterioration in free cash flow [2]. - Allegations include that contract renegotiations and pricing accommodations negatively impacted the Company's adjusted EBITDA, and that the Company faced liquidity issues [2]. - The defendants' positive statements about ModivCare's business operations and prospects were deemed materially misleading and lacked a reasonable basis [2]. Group 2: Next Steps for Investors - 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 serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
Shareholders of ModivCare Inc. Should Contact The Gross Law Firm Before March 31, 2025 to Discuss Your Rights - MODV
Prnewswire· 2025-03-13 09:45
NEW YORK, March 13, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ModivCare Inc. (NASDAQ: MODV).Shareholders who purchased shares of MODV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/modivcare-inc-loss-submission-form/?id=135475&from=4CLASS PERIOD: November 3, 2022 to Sep ...
ModivCare Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before March 31, 2025 to Discuss Your Rights - MODV
Prnewswire· 2025-03-06 10:45
NEW YORK, March 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ModivCare Inc. (NASDAQ: MODV).Shareholders who purchased shares of MODV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/modivcare-inc-loss-submission-form/?id=134043&from=4 CLASS PERIOD: November 3, 2022 to Sep ...