Data News > PACS Group, Inc. Faces Securities Law Violations Lawsuit

PACS Group, Inc. Faces Securities Law Violations Lawsuit

By KlickAnalytics Data Insights  |   January 10, 2025 10:00AM ET

Key Points

- Multiple law firms including Levi & Korsinsky, The Schall Law Firm, Bronstein, Gewirtz & Grossman, LLC, and DJS Law Group are urging investors impacted by PACS Group, Inc.'s alleged securities law violations to contact them before January 13, 2025.
- The lawsuits stem from violations of federal securities laws related to the company's IPO conducted on April 11, 2024, and subsequent securities transactions until November 5, 2024.
- Investors who suffered losses on their PACS Group, Inc. investments have the opportunity to join class action lawsuits seeking recovery under the federal securities laws.
- Class action lawsuits seek to recover damages against defendants for alleged violations of federal securities laws on behalf of all individuals and entities that purchased PACS Group, Inc. common stock during specified periods.
- The deadline to join the class action lawsuits against PACS Group, Inc. is January 13, 2025, and investors are encouraged to contact the respective law firms for more information.

Several law firms, including Levi & Korsinsky, The Schall Law Firm, Bronstein, Gewirtz & Grossman, LLC, and DJS Law Group, are actively reaching out to investors impacted by securities law violations allegedly committed by PACS Group, Inc. These firms are urging investors who suffered losses on their PACS Group, Inc. (NYSE:PACS) investments to contact them before January 13, 2025, to discuss potential recoveries under federal securities laws.

The lawsuits stem from violations of federal securities laws related to PACS Group, Inc.'s initial public offering (IPO) conducted on April 11, 2024, and subsequent securities transactions occurring between April 11, 2024, and November 5, 2024. Investors who purchased the company's securities during these periods are encouraged to reach out to the respective law firms to explore their legal options.

Class action lawsuits have been filed against PACS Group, Inc., seeking to recover damages against defendants for alleged violations of federal securities laws on behalf of all individuals and entities who acquired PACS Group, Inc. common stock. These lawsuits cover various timeframes, including the IPO on April 11, 2024, transactions between April 11, 2024, and November 5, 2024, and stock purchases related to the September 2024 secondary public offering.

Investors looking to join the class action lawsuits against PACS Group, Inc. have until January 13, 2025, to contact the law firms representing the cases. By reaching out to Levi & Korsinsky, The Schall Law Firm, Bronstein, Gewirtz & Grossman, LLC, or DJS Law Group, impacted investors can learn more about the litigation and their potential for recovery.

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