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Health Care Co. Hit With Stock-Drop Suit Over Medicare Freeze

By Katryna Perera ( October 15, 2021, 5:00 PM EDT) -- An investor in health care delivery platform InnovAge Holding Corp. has filed a proposed securities class action alleging the company lied about its business and operations in its initial public offering, which in turn led its stock price to fall when new enrollment at one of its hospitals was banned by the Centers for Medicare and Medicaid Services....

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