{"id":826466,"date":"2025-03-17T14:36:14","date_gmt":"2025-03-17T18:36:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/modv-lawsuit-alert-the-gross-law-firm-notifies-modivcare-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/"},"modified":"2025-03-17T14:36:14","modified_gmt":"2025-03-17T18:36:14","slug":"modv-lawsuit-alert-the-gross-law-firm-notifies-modivcare-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/modv-lawsuit-alert-the-gross-law-firm-notifies-modivcare-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/","title":{"rendered":"MODV LAWSUIT ALERT: The Gross Law Firm Notifies ModivCare Inc. Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, March  17, 2025  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of <strong>ModivCare Inc. (NASDAQ: MODV).<\/strong><\/p>\n<p>Shareholders who purchased shares of MODV 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<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=e5pcJGpXth3B52HtmehGEz8jDaKnoJGAIUeHsoXiZuMppbp6s6DGvZ0-iJtClCep5vNS5CwkKEPcxFOBAu7BMWl51XF7-5Lnl65Ii-fC3zQB7yU3vFM-wprQ7KY-YV_w3LFLPG3a3DEhaCtxnb41XC8UHaoiIe7vQDh3PgUOJhS9xCS1BAOHhXNhEmd0brBmDmWHZcAx6O8NGYDbJis1MMFaYfMFZdMbdgBYItoxjc7o7xkWvMOjyKgIWMIJWqqY5QTMi3Vez9TSUnw7XEv_CoNLxQyHxLIrFJZw-EnjRHs=\" rel=\"nofollow\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/modivcare-inc-loss-submission-form\/?id=136045&amp;from=3<\/a>\n      <\/p>\n<p>\n        <strong>CLASS PERIOD: <\/strong>November 3, 2022 to September 15, 2024<\/p>\n<p>\n        <strong>ALLEGATIONS: <\/strong>According to the filed complaint, defendants made false statements and\/or concealed that certain contracts used in ModivCare\u2019s NEMT segment caused the Company\u2019s free cash flow to deteriorate and as a result, (1) contract renegotiations and pricing accommodations negatively impacted the Company\u2019s adjusted EBITDA; (2) the Company had insufficient liquidity; and (3) defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p>\n        <strong>DEADLINE: March 31, 2025<\/strong> Shareholders should not delay in registering for this class action. Register your information here: https:\/\/securitiesclasslaw.com\/securities\/modivcare-inc-loss-submission-form\/?id=136045&amp;from=3<\/p>\n<p>\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>Once you register as a shareholder who purchased shares of MODV 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 March 31, 2025. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <strong>WHY GROSS LAW FIRM? <\/strong>The Gross Law Firm is a 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        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0_NDFPcrshW1tH7onY_qc44ZyjTGdiq7r60xllQUjW5X2EoLAjBudXgV_bdNrvlwbEBAh3QzHAz150YHka6B4rZO9g4A7SKp0zgx37b8NRyFoIeJmnp61E5DcGQEXeML\" rel=\"nofollow\" target=\"_blank\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM5NDkwMyM2ODA3MzIzIzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Yzk2ZDNmNDMtOGJkZS00ODc1LWI1NGQtMjU4OGQ3OTRkNzJiLTEyNzA0NjctMjAyNS0wMy0xNy1lbg==\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of ModivCare Inc. (NASDAQ: MODV). Shareholders who purchased shares of MODV 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\/modivcare-inc-loss-submission-form\/?id=136045&amp;from=3 CLASS PERIOD: November 3, 2022 to September 15, 2024 ALLEGATIONS: According to the filed complaint, defendants made false statements and\/or concealed that certain contracts used in ModivCare\u2019s NEMT segment caused the Company\u2019s free cash flow to deteriorate and as a result, (1) contract renegotiations and pricing accommodations negatively impacted the Company\u2019s adjusted EBITDA; (2) the Company had insufficient liquidity; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/modv-lawsuit-alert-the-gross-law-firm-notifies-modivcare-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MODV LAWSUIT ALERT: The Gross Law Firm Notifies ModivCare Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&#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-826466","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MODV LAWSUIT ALERT: The Gross Law Firm Notifies ModivCare Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - 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\/modv-lawsuit-alert-the-gross-law-firm-notifies-modivcare-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MODV LAWSUIT ALERT: The Gross Law Firm Notifies ModivCare Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of ModivCare Inc. (NASDAQ: MODV). Shareholders who purchased shares of MODV 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\/modivcare-inc-loss-submission-form\/?id=136045&amp;from=3 CLASS PERIOD: November 3, 2022 to September 15, 2024 ALLEGATIONS: According to the filed complaint, defendants made false statements and\/or concealed that certain contracts used in ModivCare\u2019s NEMT segment caused the Company\u2019s free cash flow to deteriorate and as a result, (1) contract renegotiations and pricing accommodations negatively impacted the Company\u2019s adjusted EBITDA; (2) the Company had insufficient liquidity; &hellip; Continue reading &quot;MODV LAWSUIT ALERT: The Gross Law Firm Notifies ModivCare Inc. 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Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/modivcare-inc-loss-submission-form\/?id=136045&amp;from=3 CLASS PERIOD: November 3, 2022 to September 15, 2024 ALLEGATIONS: According to the filed complaint, defendants made false statements and\/or concealed that certain contracts used in ModivCare\u2019s NEMT segment caused the Company\u2019s free cash flow to deteriorate and as a result, (1) contract renegotiations and pricing accommodations negatively impacted the Company\u2019s adjusted EBITDA; (2) the Company had insufficient liquidity; &hellip; Continue reading \"MODV LAWSUIT ALERT: The Gross Law Firm Notifies ModivCare Inc. 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