{"id":832456,"date":"2025-04-01T12:51:51","date_gmt":"2025-04-01T16:51:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/"},"modified":"2025-04-01T12:51:51","modified_gmt":"2025-04-01T16:51:51","slug":"attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/","title":{"rendered":"Attention Long-Term ModivCare, Inc. (NASDAQ: MODV) Shareholders: Grabar Law Office Investigates Claims on Your Behalf"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">PHILADELPHIA, April  01, 2025  (GLOBE NEWSWIRE) &#8212; Grabar Law Office is investigating claims on behalf of ModivCare, Inc. (NASDAQ: MODV) shareholders.\u00a0The investigation concerns whether certain officers of ModivCare have breached the fiduciary duties they owed to the company.<\/p>\n<p align=\"justify\">\n        <strong>Current ModivCare shareholders who have held ModivCare shares since prior to November 3, 2022<\/strong>, <strong>can <\/strong><strong>seek corporate reforms, the return of funds back to the company,<\/strong><strong>and a court approved incentive award &#8211; all<\/strong><strong>at no cost to them whatsoever<\/strong>. <strong>To learn more visit:<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LpqwhrWVRICX_mkz9geWptb4uORbuM2uF6EfvSXtMCSuE3VwbNymbMs-YKOubvEaHi1NABBbTGOjIgTRIbus0w1UVM4XQ7T2PQ5-x6hTXdv1USdvF55i-k8ql_tM2ggGTmrZ1a24gB3LBuc0ztm56vfrlE29nUhDendUHqyLDQVdpKmc25VjCcIyBja_QsLqjkGcDP7STLrrxOv3pOpaVUkg_TDPd1GOFQnUN1o1qZY=\" rel=\"nofollow\" target=\"_blank\">https:\/\/grabarlaw.com\/the-latest\/modivcare-shareholder-investigation\/<\/a>, <strong>contact Joshua Grabar at <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4jq0N34yRIiCVD2w6Hj7pLYecxk5SukUn2YJ1zEx8R7g4azjyfd_WFpsn71y_OYPz9wgReS-N-K1Sa9Cy1SGAtK6rfA6mV7u5IZuQ05tZhw=\" rel=\"nofollow\" target=\"_blank\"><strong>jgrabar@grabarlaw.com<\/strong><\/a><strong>, or call 267-507-6085<\/strong>.<\/p>\n<p align=\"justify\">\n        <strong>Why:<\/strong> A recently filed securities fraud class action complaint alleges that ModivCare, Inc. (NASDAQ: MODV), through certain of its officers, misled the market to believe certain contracts used in its non-emergency medical transportation (\u201cNEMT\u201d) segment mitigated risks to its free cash flow. In reality, the Company\u2019s free cash flow had deteriorated. When the truth began to reach the market, ModivCare\u2019s stock price suffered significant declines, harming investors.<\/p>\n<p align=\"justify\">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, (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 align=\"justify\">\n        <strong>What To Do Now: <\/strong><br \/>\n        <strong>Current ModivCare (NASDAQ: MODV) shareholders who have held ModivCare shares since prior to November 3, 2022<\/strong>, <strong>can <\/strong><strong>seek corporate reforms, the return of funds back to the company,<\/strong><strong>and a court approved incentive award &#8211; all<\/strong><strong>at no cost to them whatsoever<\/strong>. If you would like to learn more about this matter, you are encouraged to visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=LpqwhrWVRICX_mkz9geWptb4uORbuM2uF6EfvSXtMCRNZu4g-F853dO-AFXouRSiiaBKSh7XSzefh679gic2Zhkk2PWxJkLmtbcmBugtQq29CXMT_jY2VUr3PpZrZ1TTEl7rPDOC3hB7Sblljr4kUwm1xml8mRbMB9nW4QHE-7Syn_3X45bjTFYO3eEoh1r60FzDTMVqutqAT32EXAiqdUjAqwEeD4lip1gRiPEbcuM=\" rel=\"nofollow\" target=\"_blank\">https:\/\/grabarlaw.com\/the-latest\/methode-shareholder-investigation\/<\/a>, contact Joshua Grabar at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4jq0N34yRIiCVD2w6Hj7pLYecxk5SukUn2YJ1zEx8R7Ygm6vxMRoOzzGRKO3dai-WkeDNgwRo8dJaw8ZUXdJ5Vye0bjH9CtIMD19V8BmPIM=\" rel=\"nofollow\" target=\"_blank\">jgrabar@grabarlaw.com<\/a>, or call 267-507-6085.<\/p>\n<p align=\"justify\">#ModivCare $MODV<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OhcxRP0w6KEWw6-jXV9wc3zcVbbMWbHxz3YNtSyS2fYVPVrQJuEOUcnI3hIh3Fv_0HCFA-v82edCmmPdyfWMJr35BPrGd2bbQkDSE0LNqParK5_Kd_t_gC2FkbLDtXaSRH6SAcYWZVHj_CzAv8Olmw==\" rel=\"nofollow\" target=\"_blank\">Attorney Advertising Disclaimer<\/a>\n      <\/p>\n<p align=\"justify\">Contact:<br \/>Joshua H. Grabar, Esq.<br \/>Grabar Law Office<br \/>One Liberty Place<br \/>1650 Market Street, Suite 3600<br \/>Philadelphia, PA 19103<br \/>Tel: \u00a0267-507-6085<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4jq0N34yRIiCVD2w6Hj7pLYecxk5SukUn2YJ1zEx8R7FQ7q_1orOqphmy38z0OF5wE8YRPvKw5-Hfro8CeCco7Vz8YmWXNnLwKk2C0dq4K4=\" rel=\"nofollow\" target=\"_blank\">jgrabar@grabarlaw.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNDg1NSM2ODQ1MzEyIzIyMDEyNzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDc0NWE0ZjMtYjQ4ZS00NTVkLWFmMTQtOWYwNTUwOWY5YjA2LTEyMTI4MjMtMjAyNS0wNC0wMS1lbg==\/tiny\/Grabar-Law-Office.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PHILADELPHIA, April 01, 2025 (GLOBE NEWSWIRE) &#8212; Grabar Law Office is investigating claims on behalf of ModivCare, Inc. (NASDAQ: MODV) shareholders.\u00a0The investigation concerns whether certain officers of ModivCare have breached the fiduciary duties they owed to the company. Current ModivCare shareholders who have held ModivCare shares since prior to November 3, 2022, can seek corporate reforms, the return of funds back to the company,and a court approved incentive award &#8211; allat no cost to them whatsoever. To learn more visit:https:\/\/grabarlaw.com\/the-latest\/modivcare-shareholder-investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. Why: A recently filed securities fraud class action complaint alleges that ModivCare, Inc. (NASDAQ: MODV), through certain of its officers, misled the market to believe certain contracts used in its non-emergency medical &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Attention Long-Term ModivCare, Inc. (NASDAQ: MODV) Shareholders: Grabar Law Office Investigates Claims on Your Behalf&#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-832456","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>Attention Long-Term ModivCare, Inc. (NASDAQ: MODV) Shareholders: Grabar Law Office Investigates Claims on Your Behalf - 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\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attention Long-Term ModivCare, Inc. (NASDAQ: MODV) Shareholders: Grabar Law Office Investigates Claims on Your Behalf - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, April 01, 2025 (GLOBE NEWSWIRE) &#8212; Grabar Law Office is investigating claims on behalf of ModivCare, Inc. (NASDAQ: MODV) shareholders.\u00a0The investigation concerns whether certain officers of ModivCare have breached the fiduciary duties they owed to the company. Current ModivCare shareholders who have held ModivCare shares since prior to November 3, 2022, can seek corporate reforms, the return of funds back to the company,and a court approved incentive award &#8211; allat no cost to them whatsoever. To learn more visit:https:\/\/grabarlaw.com\/the-latest\/modivcare-shareholder-investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. Why: A recently filed securities fraud class action complaint alleges that ModivCare, Inc. (NASDAQ: MODV), through certain of its officers, misled the market to believe certain contracts used in its non-emergency medical &hellip; Continue reading &quot;Attention Long-Term ModivCare, Inc. 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Current ModivCare shareholders who have held ModivCare shares since prior to November 3, 2022, can seek corporate reforms, the return of funds back to the company,and a court approved incentive award &#8211; allat no cost to them whatsoever. To learn more visit:https:\/\/grabarlaw.com\/the-latest\/modivcare-shareholder-investigation\/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085. Why: A recently filed securities fraud class action complaint alleges that ModivCare, Inc. (NASDAQ: MODV), through certain of its officers, misled the market to believe certain contracts used in its non-emergency medical &hellip; Continue reading \"Attention Long-Term ModivCare, Inc. (NASDAQ: MODV) Shareholders: Grabar Law Office Investigates Claims on Your Behalf\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-01T16:51:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNDg1NSM2ODQ1MzEyIzIyMDEyNzA=","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\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/attention-long-term-modivcare-inc-nasdaq-modv-shareholders-grabar-law-office-investigates-claims-on-your-behalf\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Attention Long-Term ModivCare, Inc. 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