Investor alert: class action lawsuit filed on behalf of modivcare inc. (modv) investors – holzer & holzer, llc encourages investors with significant losses to contact the firm

Atlanta, jan. 30, 2025 (globe newswire) -- a securities class action lawsuit has been filed against modivcare inc. (“modivcare” or the “company”) (nasdaq: modv). the lawsuit alleges that throughout the class period, defendants made materially false and/or misleading statements, as well as failed to disclose adverse facts about the company's business, operations, and prospects, including “that certain contracts used in modivcare's nemt segment caused the company's free cash flow to deteriorate and that, as a result, (1) contract renegotiations and pricing accommodations negatively impacted the company's adjusted ebitda; (2) the company had insufficient liquidity; (3) defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.”
MODV Ratings Summary
MODV Quant Ranking