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Stock impact report

Investors Sue PACS Group (PACS) Amid Accusations of Medicare Fraud – Hagens Berman

PACS Group, Inc. (PACS) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, Dec. 30, 2024 (GLOBE NEWSWIRE) -- PACS Group, Inc. (NYSE: PACS) and certain of its C-Suite officers are now entangled in a securities class action lawsuit, following allegations of misleading investors by engaging in deceptive Medicare practices. Hagens Berman urges investors in PACS Group who suffered substantial losses to submit your losses now. Class Period: Apr. 11, 2024 – Nov. 5, 2024Lead Plaintiff Deadline: Jan. 13, 2025Visit: www.hbsslaw.com/investor-fraud/pacs Contact the Firm Now: PACS@hbsslaw.com 844-916-0895 PACS Group (PACS) Securities Class Action The complaint alleges that both PACS’s April 2024 IPO offering documents and subsequent public statements made by PACS and its executives misrepresented material facts about PACS’s operations and prospects. It accuses PACS of omitting to disclose several deceptive practices that rendered their statements false and misleading, including: Submitting fraudulent Medicare claims.Billing Medicare for unnecessary Show less Read more
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