Fraud allegations hit PACS Group, incite major trading volatility
Nov 6, 2024 · PACS had seen its stock value more than double since a blockbuster initial public offering that raised $450 million in April. But shares plunged from a high of $43.37 Monday to $22.30.
PACS CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files …
5 hours ago · Glancy Prongay & Murray LLP Files Securities Class Action Against PACS Group, Inc. ... On this news, the Company’s share price fell $11.93 or 27.78%, to close at $31.01 per share on November 4 ...
PACS Shares Plunge Amid Postponed Results And Federal …
Wed, Nov 6, 2024, 9:54 AM 2 min read. PACS Group, Inc. (NYSE: PACS) shares traded lower on Wednesday after the company announced the postponement of third-quarter results and disclosure of civil ...
SHAREHOLDER ALERT: Investigation of PACS Group Announced …
16 hours ago · SAN DIEGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether PACS Group, Inc. (NYSE: PACS) or... SHAREHOLDER ALERT: Investigation of PACS ...
Nursing Home Operator PACS Sinks After Hindenburg Short Report
Nov 4, 2024 · PACS, which is based in Farmington, Utah, didn’t respond to a Bloomberg News request for comment. PACS manages about 284 nursing facilities across 16 states and serves more than 27,000 patients ...
PACS Group Under Federal Investigation: Investors Urged to …
Nov 6, 2024 · Following this news, shares of PACS Group plummeted over 42% in intraday trading on November 6, 2024, causing significant harm to investors. About Gibbs Law Group.
Pacs Group founders lose billions as Hindenburg takes aim
5 days ago · Shares of recently debuted nursing home operator, PACS Group Inc., plunged this week in a sharp reversal that erased around $2.5 billion from its cofounders’ fortunes. It started on Monday when ...
PACS Plunges After Nursing Co Delays 3Q Report, Addresses …
Nov 6, 2024 · The expansion added 2,889 skilled nursing beds and 1,334 assisted living and independent living units to its portfolio. PACs estimated it had $600 million of cash and available liquidity on hand ...
PACS Group Is Now Under Investigation by Johnson Fistel on …
Nov 4, 2024 · Shareholder rights law firm Johnson Fistel, LLP is investigating whether PACS Group, Inc. (NYSE: PACS) or any of its executive officers or others violated securities laws by misrepresenting or ...
Rosen Law Firm Encourages PACS Group, Inc. Investors to Inquire …
5 days ago · On this news, PACS Group stock fell 27.7% on November 4, 2024. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms ...