LOS
ANGELES, Jan. 2, 2025 /PRNewswire/ -- The DJS Law
Group reminds investors of a class action lawsuit against PACS
Group, Inc. ("PACS" or "the Company") (NYSE: PACS) for violations
of the federal securities laws.
Shareholders who bought PACS securities pursuant to their
Offering Documents in connection with its initial public offering
("IPO") conducted on April 11, 2024,
or between April 11, 2024 and
November 5, 2024, inclusive (the
"Class Period"), are encouraged to contact the firm before
January 13, 2025.
CASE DETAILS: According to the Complaint, PACS
allegedly made false statements to the market when
they engaged in a false Medicare claim scam which drove more than
100% of its operating and net income from 2020 to 2023. PACS
allegedly billed thousands of unnecessary therapies to
Medicare and falsified documentation related to licensure and
staffing.
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is
to enhance investor return through balanced counseling and
aggressive advocacy. We specialize in securities class actions,
corporate governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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SOURCE DJS Law Group LLP
