Important Notice for ModivCare Inc. Shareholders
New York, NY – March 26, 2025
The Gross Law Firm, a leading national securities fraud law firm, continues to investigate potential securities fraud on behalf of shareholders of ModivCare Inc. (NASDAQ: MODV).
Background
ModivCare is a healthcare services company that provides home health, hospice, and infusion therapy services. The company went public through a merger with a special purpose acquisition company (SPAC) in 2021.
Investigation
The Gross Law Firm’s investigation focuses on whether ModivCare and certain of its officers and directors violated federal securities laws by making false and misleading statements regarding the company’s business, operations, and financial condition.
Alleged Misrepresentations
- Overstated revenue and earnings
- Failed to disclose material information related to the company’s business and operations
- Misrepresented the company’s growth prospects
Potential Impact on Shareholders
If the investigation reveals that ModivCare and its executives violated securities laws, shareholders may be entitled to recover their losses through a class action lawsuit.
Implications for the World
This investigation highlights the importance of transparency and accuracy in corporate reporting. Misrepresentations of a company’s financial condition can have far-reaching consequences, affecting not only shareholders but also the broader economy.
Conclusion
The Gross Law Firm encourages shareholders of ModivCare to contact the firm if they wish to discuss their potential legal rights and options. The investigation is ongoing, and the firm will provide updates as more information becomes available.
This notice is not intended as legal advice, and it is not a guarantee or prediction of any particular outcome. It is for informational purposes only.
For more information about The Gross Law Firm or to discuss a potential case, please contact the firm at 855-512-7222 or [email protected].
About The Gross Law Firm
The Gross Law Firm is a leading national securities fraud law firm based in New York. The firm represents institutional and individual investors who have suffered losses due to securities fraud, breaches of fiduciary duty, and other financial misconduct.
