{"id":813503,"date":"2025-02-14T13:08:04","date_gmt":"2025-02-14T18:08:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/"},"modified":"2025-02-14T13:08:04","modified_gmt":"2025-02-14T18:08:04","slug":"investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/","title":{"rendered":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SAN DIEGO, Feb.  14, 2025  (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased or otherwise acquired ModivCare, Inc. (NASDAQ: MODV) (\u201cModivCare\u201d or the \u201cCompany\u201d) securities between November 3, 2022 and September 15, 2024 (the \u201cClass Period\u201d), charging the Company and certain senior executives with violations of the federal securities laws (collectively, \u201cDefendants\u201d).<\/p>\n<p align=\"justify\">ModivCare investors have until March 31, 2025 to seek appointment as lead plaintiff of the ModivCare class action lawsuit.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>If you purchased or acquired ModivCare securities between November 3, 2022 and September 15, 2024, and suffered substantial losses<\/em><br \/>\n        <\/strong>, and you wish to obtain additional information or serve as lead plaintiff in this lawsuit, you may <strong><em>submit your information and contact us here: <\/em><\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lU_IMlLjX9vMz68DkFulPnc6FS2TeCofTP2WMxUgIeXUoBsjTOOovuzN4T0PWl01HgBtMTYuU9rGyYewvUDq6_uH4qJ-WjTLA0v0D8wYlfIydu7yj2VnSODVCsST6KIAWnmsXBYkVrYHrEKpa2C-b9UDfssewUGBZWElVxS6LKQ=\" rel=\"nofollow\" target=\"_blank\">https:\/\/dicellolevitt.com\/securities\/modivcare\/<\/a>.<\/p>\n<p align=\"justify\">You can also contact DiCello Levitt attorneys Brian O\u2019Mara or Ruben Pe\u00f1a by calling (888) 287-9005 or emailing <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3qwRDh1LWDtrX6T429285L-EalNTif7wPEoz8c1Zgt8pHCb7Wz2RrZ219iNYYsNJ-kMamV89n_bBiyyutimIKmwyk0zLZZbxuEpoJOfhabxkGYB4BvYOpBSG1VRaszvb\" rel=\"nofollow\" target=\"_blank\">investors@dicellolevitt.com<\/a>. Those who inquire by email are encouraged to include their mailing address, telephone number, and the number of shares purchased.<\/p>\n<p align=\"justify\">No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice.<\/p>\n<p>\n        <strong>Case Allegations<\/strong>\n      <\/p>\n<p align=\"justify\">ModivCare provides a suite of integrated supportive care solutions for public and private payors and their members. Through its non-emergency medical transportation (\u201cNEMT\u201d) segment, ModivCare provides transportation services for which it receives payment from third-party payors, including Medicaid agencies and managed care organizations (\u201cMCO\u201d).<\/p>\n<p align=\"justify\">The ModivCare lawsuit alleges that Defendants issued positive statements about the Company\u2019s business, operations, and prospects that were materially misleading and\/or lacked a reasonable basis during the Class Period. Specifically, Defendants failed to disclose that certain contracts used in ModivCare\u2019s NEMT segment caused the Company\u2019s free cash flow to deteriorate and that, as a result, (i) contract renegotiations and pricing accommodations negatively impacted the Company\u2019s adjusted EBITDA; and (ii) the Company had insufficient liquidity.<\/p>\n<p align=\"justify\">The truth began to emerge on May 4, 2023, when ModivCare announced its first quarter 2023 financial results, revealing the Company experienced a reduction of cash flow from operations during the quarter. On this news, the price of ModivCare stock fell by $11.30, or approximately 16%, to close at $58 per share on May 4, 2023.<\/p>\n<p align=\"justify\">On August 3, 2023, during an earnings call, Defendants addressed the Company\u2019s cash flow from operations for the second quarter of 2023, disclosing that ModivCare \u201c<strong><em>experienced a temporary timing mismatch between payments and collections, which created a large payable balance that [it had] been reducing over the past year<\/em><\/strong>.\u201d On this news, the price of ModivCare stock fell by $2.86, or approximately 7%, to close at $35.38 per share on August 4, 2023.<\/p>\n<p align=\"justify\">Then, on February 23, 2024, during an earnings call, Defendants announced that the Company\u2019s cash flow for its fourth quarter 2024 was negative $37 million \u201cdue to delay in payment from an MCO client\u201d and that they \u201c<strong><em>anticipate[d] [ModivCare\u2019s] free cash flow for the first half of the year will be constrained<\/em><\/strong>.\u201d On this news, the price of ModivCare stock fell by $17.25, or approximately 39%, to close at $26.62 per share on February 23, 2024.<\/p>\n<p align=\"justify\">On September 12, 2024, ModivCare issued a press release, reporting that it would \u201c<strong><em>undertak[e] actions to seek additional capital, including filing a shelf registration statement<\/em><\/strong>\u201d with the U.S. Securities and Exchange Commission to improve its liquidity. On this news, the price of ModivCare stock fell by $18.43, or approximately 59%, to close at $12.76 per share on September 12, 2024.<\/p>\n<p align=\"justify\">The truth was fully revealed on September 16, 2024, when ModivCare announced it was revising its 2024 adjusted EBITDA guidance range from $185\u2013$195 million to $170\u2013$180 million, \u201c<strong><em>primarily due to NEMT segment pricing accommodations made to strategically retain and expand key customer relationships<\/em><\/strong>.\u201d On this news, the price of ModivCare stock fell by $1.40, or approximately 10%, to close at $12.72 per share on September 16, 2024.<\/p>\n<p align=\"justify\">\n        <strong>About DiCello Levitt<\/strong>\n      <\/p>\n<p align=\"justify\">At DiCello Levitt, we are dedicated to achieving justice for our clients through class action, business-to-business, public client, whistleblower, personal injury, civil and human rights, and mass tort litigation. Our lawyers are highly respected for their ability to litigate and win cases \u2013 whether by trial, settlement, or otherwise \u2013 for people who have suffered harm, global corporations that have sustained significant economic losses, and public clients seeking to protect their citizens\u2019 rights and interests. Every day, we put our reputations \u2013 and our capital \u2013 on the line for our clients.<\/p>\n<p align=\"justify\">DiCello Levitt has achieved top recognition as Plaintiffs Firm of the Year and Trial Innovation Firm of the Year by the <em>National Law Journal<\/em>, in addition to its top-tier <em>Chambers<\/em> and <em>Benchmark<\/em> ratings. The <em>New York Law Journal<\/em> also recently recognized DiCello Levitt as a Distinguished Leader in trial innovation. For more information about the Firm, including recent trial victories and case resolutions, please visit www.dicellolevitt.com.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>\n        <strong>Media Contact<\/strong>\n      <\/p>\n<p align=\"justify\">Amy Coker<br \/>4747 Executive Drive, Suite 240<br \/>San Diego, CA 92121<br \/>619-963-2426<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3qwRDh1LWDtrX6T429285L-EalNTif7wPEoz8c1Zgt_5mmQqNBrf0M0Sa0EpH-UvekKp5D6NfKwB4l00BzR9s_hiWpCpuQimiPYVfuArq0hDugW4m1-c_g2y4UnkjDMo\" rel=\"nofollow\" target=\"_blank\">investors@dicellolevitt.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YjVkZWJlYjMtN2M2Ny00N2FhLTlkYmMtNWUxNjM5MGQ4NDQwLTEyODY2MzI=\/tiny\/DiCello-Levitt-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, Feb. 14, 2025 (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased or otherwise acquired ModivCare, Inc. (NASDAQ: MODV) (\u201cModivCare\u201d or the \u201cCompany\u201d) securities between November 3, 2022 and September 15, 2024 (the \u201cClass Period\u201d), charging the Company and certain senior executives with violations of the federal securities laws (collectively, \u201cDefendants\u201d). ModivCare investors have until March 31, 2025 to seek appointment as lead plaintiff of the ModivCare class action lawsuit. If you purchased or acquired ModivCare securities between November 3, 2022 and September 15, 2024, and suffered substantial losses , and you wish to obtain additional information or serve as lead plaintiff in this lawsuit, you may submit &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel&#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-813503","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - 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\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN DIEGO, Feb. 14, 2025 (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased or otherwise acquired ModivCare, Inc. (NASDAQ: MODV) (\u201cModivCare\u201d or the \u201cCompany\u201d) securities between November 3, 2022 and September 15, 2024 (the \u201cClass Period\u201d), charging the Company and certain senior executives with violations of the federal securities laws (collectively, \u201cDefendants\u201d). ModivCare investors have until March 31, 2025 to seek appointment as lead plaintiff of the ModivCare class action lawsuit. If you purchased or acquired ModivCare securities between November 3, 2022 and September 15, 2024, and suffered substantial losses , and you wish to obtain additional information or serve as lead plaintiff in this lawsuit, you may submit &hellip; Continue reading &quot;INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-14T18:08:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=\" \/>\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=\"4 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\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel\",\"datePublished\":\"2025-02-14T18:08:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/\"},\"wordCount\":817,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/\",\"name\":\"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=\",\"datePublished\":\"2025-02-14T18:08:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/","og_locale":"en_US","og_type":"article","og_title":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - Market Newsdesk","og_description":"SAN DIEGO, Feb. 14, 2025 (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased or otherwise acquired ModivCare, Inc. (NASDAQ: MODV) (\u201cModivCare\u201d or the \u201cCompany\u201d) securities between November 3, 2022 and September 15, 2024 (the \u201cClass Period\u201d), charging the Company and certain senior executives with violations of the federal securities laws (collectively, \u201cDefendants\u201d). ModivCare investors have until March 31, 2025 to seek appointment as lead plaintiff of the ModivCare class action lawsuit. If you purchased or acquired ModivCare securities between November 3, 2022 and September 15, 2024, and suffered substantial losses , and you wish to obtain additional information or serve as lead plaintiff in this lawsuit, you may submit &hellip; Continue reading \"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-14T18:08:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel","datePublished":"2025-02-14T18:08:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/"},"wordCount":817,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/","name":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=","datePublished":"2025-02-14T18:08:04+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1ODkwNyM2NzUyMzg3IzIyNzUwODI="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-modivcare-inc-nasdaq-modv-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against ModivCare, Inc. (NASDAQ: MODV); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/813503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=813503"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/813503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=813503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=813503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=813503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}