Manchin v. PACS Group, Inc. et al
Case Number:
1:24-cv-08636
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Citigroup Inc.
- JPMorgan Chase & Co.
- Oppenheimer Holdings Inc.
- RBC Capital Markets
- Stephens Inc.
- The Goldman Sachs Group Inc.
- UBS Group AG
Sectors & Industries:
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February 11, 2025
Labaton Keller Appointed Lead In Healthcare Co. IPO Suit
A New York federal judge on Tuesday appointed Labaton Keller Sucharow LLP as lead counsel in a securities class action accusing nursing-care provider PACS Group Inc. of misleading investors about false Medicare claims and regulatory investigations tied to its initial public offering.
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November 15, 2024
Healthcare Co. PACS Made False Claims Before IPO, Suit Says
Healthcare holding company PACS Group Inc. has been hit with a proposed shareholder class action on the heels of a short seller's report that alleged the company engaged in deceptive practices to boost its value ahead of its initial public offering, including Medicare claims fraud.