Important Information for ModivCare Securities Purchasers: Rosen Law Firm Reminds Investors of the Lead Plaintiff Deadline
New York, NY, March 17, 2025
Rosen Law Firm, a global investor rights law firm, alerts purchasers of ModivCare Inc. (NASDAQ: MODV) securities between November 3, 2022, and September 15, 2024 (the “Class Period”), to take note of the upcoming lead plaintiff deadline in the securities class action. The deadline is rapidly approaching, and investors who wish to act as lead plaintiff must file their motion with the court no later than March 31, 2025.
What is a Securities Class Action, and Why Should I Care?
A securities class action is a lawsuit brought by a large group of investors, represented by the lead plaintiff, against a publicly traded company and its executives for alleged violations of securities laws. In this case, Rosen Law Firm is representing purchasers of ModivCare securities during the Class Period. The firm believes that ModivCare and certain of its executives may have misled investors by making false or misleading statements regarding the company’s business, operations, and financial condition.
How Can I Participate in the Class Action?
If you purchased ModivCare securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement. To join the class action, you must file a motion with the court no later than March 31, 2025. The court will then appoint a lead plaintiff who will represent the interests of all class members. If you wish to serve as lead plaintiff, it is essential that you file your motion before the deadline.
What Does This Mean for Me?
If you purchased ModivCare securities during the Class Period and wish to participate in the class action, you have an opportunity to seek compensation for any losses you may have suffered as a result of the alleged securities law violations. By filing a motion to serve as lead plaintiff, you may also have a greater role in shaping the direction of the litigation and potentially influencing the outcome.
What Does This Mean for the World?
The securities class action against ModivCare is just one of many legal actions brought against publicly traded companies for alleged securities law violations. These lawsuits serve an important purpose in holding corporations and their executives accountable for misrepresenting their businesses and financial conditions to investors. By pursuing justice in these cases, investors can seek compensation for their losses and help restore confidence in the securities markets.
Conclusion
If you purchased ModivCare securities during the Class Period, you have until March 31, 2025, to file a motion to serve as lead plaintiff in the securities class action against the company. By doing so, you may be able to seek compensation for any losses you may have suffered and potentially influence the direction of the litigation. If you have any questions or require further information, please contact Rosen Law Firm at 866-767-3653 or [email protected].
The securities class action against ModivCare is an important reminder of the need for transparency and honesty in the securities markets. By holding corporations and their executives accountable for alleged securities law violations, investors can help restore confidence in the markets and protect themselves from potential losses. If you believe you have been the victim of securities fraud, contact Rosen Law Firm to discuss your options.
