{"id":684977,"date":"2022-09-14T05:48:29","date_gmt":"2022-09-14T09:48:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/"},"modified":"2022-09-14T05:48:29","modified_gmt":"2022-09-14T09:48:29","slug":"shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/","title":{"rendered":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 &#8211; (NASDAQ: LFST)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 14, 2022<\/span><\/span> \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of <b>LifeStance Health Group, Inc..<\/b><\/p>\n<p>Shareholders who purchased shares of LFST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<div class=\"wcag-arialevel-3\" style=\"font-size: 1.17em;font-weight: bold;text-align: center\" role=\"heading\">CONTACT US HERE:<\/div>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3647397-3&amp;h=4046037376&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Flifestance-health-group-loss-submission-form%2F%3Fid%3D31648%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Flifestance-health-group-loss-submission-form%2F%3Fid%3D31648%26from%3D4\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/securitiesclasslaw.com\/securities\/lifestance-health-group-loss-submission-form\/?id=31648&amp;from=4<\/a>\n      <\/p>\n<p>\n        <b>CLASS PERIOD: <\/b>This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant and\/or traceable to the documents issued in connection with LifeStance&#8217;s <span class=\"xn-chron\">June 10, 2021<\/span> initial public stock offering.<\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) the number of virtual visits clients were undertaking utilizing LifeStance Health was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining LifeStance Health&#8217;s out-patient\/virtual revenue growth; (ii) the percentage of in-person visits clients were undertaking utilizing LifeStance Health was increasing as the COVID-19 lockdowns were being lifted, thereby causing LifeStance Health&#8217;s operating expenses to increase substantially; (iii) LifeStance Health had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the initial public offering&#8217;s registration statement, and LifeStance Health had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (iv) as a result, LifeStance Health&#8217;s business metrics and financial prospects were not as strong as the initial public offering&#8217;s registration statement represented.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">October 11, 2022<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3647397-3&amp;h=4046037376&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Flifestance-health-group-loss-submission-form%2F%3Fid%3D31648%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Flifestance-health-group-loss-submission-form%2F%3Fid%3D31648%26from%3D4\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/securitiesclasslaw.com\/securities\/lifestance-health-group-loss-submission-form\/?id=31648&amp;from=4<\/a><\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of LFST during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is <span class=\"xn-chron\">October 11, 2022<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" target=\"_blank\" rel=\"nofollow noopener\">dg@securitiesclasslaw.com<\/a><br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY72132&amp;sd=2022-09-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022--nasdaq-lfst-301623722.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022&#8211;nasdaq-lfst-301623722.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY72132&amp;Transmission_Id=202209140545PR_NEWS_USPR_____NY72132&amp;DateId=20220914\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Sept. 14, 2022 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of LifeStance Health Group, Inc.. Shareholders who purchased shares of LFST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/lifestance-health-group-loss-submission-form\/?id=31648&amp;from=4 CLASS PERIOD: This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant and\/or traceable to the documents issued in connection with LifeStance&#8217;s June 10, 2021 initial public stock offering. ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) the number of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 &#8211; (NASDAQ: LFST)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-684977","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 - (NASDAQ: LFST) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 - (NASDAQ: LFST) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Sept. 14, 2022 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of LifeStance Health Group, Inc.. Shareholders who purchased shares of LFST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/lifestance-health-group-loss-submission-form\/?id=31648&amp;from=4 CLASS PERIOD: This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant and\/or traceable to the documents issued in connection with LifeStance&#8217;s June 10, 2021 initial public stock offering. ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) the number of &hellip; Continue reading &quot;SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 &#8211; (NASDAQ: LFST)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-14T09:48:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY72132&amp;sd=2022-09-14\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 &#8211; 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The Gross Law Firm issues the following notice to shareholders of LifeStance Health Group, Inc.. Shareholders who purchased shares of LFST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/lifestance-health-group-loss-submission-form\/?id=31648&amp;from=4 CLASS PERIOD: This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant and\/or traceable to the documents issued in connection with LifeStance&#8217;s June 10, 2021 initial public stock offering. ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) the number of &hellip; Continue reading \"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 &#8211; (NASDAQ: LFST)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-14T09:48:29+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY72132&amp;sd=2022-09-14","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-lifestance-health-group-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-october-11-2022-nasdaq-lfst-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of LifeStance Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 11, 2022 &#8211; 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