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PACS DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Urges PACS Group Inc. Providers of Losses Over $100K to Defend Counsel Before Critical January 13 Defense Class Action Deadline.



New York, New York–(Newsfile Corp. – January 12, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, is reminding clients of PACS Group Inc. (NYSE: PACS) of (i) common stock pursuant to and/or pursuant to the registration statement and prospectus (collectively, the “Registration Statement”) regarding the Company’s April 11, 2024 initial public offering (“IPO”); (ii) securities between April 11, 2024 and November 5, 2024, both dates inclusive (the “Class Period”); and/or (iii) common stock pursuant to and/or traceable to the registration statement and prospectus issued in connection with the Company’s September 2024 secondary public offering (“SPO”), of value. January 13, 2025 plaintiff’s deadline.

NOW: If you have purchased PACS common stock as a result of/or traceable to the IPO and/or securities during the Group period, you may be entitled to compensation without having to pay costs or expenses through a contingency fee adjustment.

WHAT YOU NEED TO DO: To join the PACS group process, go to https://rosenlegal.com/submit-form/?case_id=30617 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must remove the Court before 13 January 2025. The lead plaintiff is the party representing the other members of the class to conduct the case.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Most of these firms are not suing the actions of the security team, but are simply businessmen who refer clients or partner with law firms who are suing. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm has reached the largest settlement of a class action against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Securities ranking services in 2017. The firm has been ranked 4th every year since 2013 and has earned hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.

FACTS OF THE CASE: According to the lawsuit, in the Registration Statement and throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) PACS engaged in a “scheme” to provide with false Medicare claims that “drove over.” more than 100% of PACS operating income from 2020 – 2023″; (2) PACS has implemented a “plan” to “pay for thousands of unnecessary respiratory treatments and integrate feedback into Medicare”; (3 ) PACS engaged in falsification of license and employee documents; and (4) as a result of the foregoing, defendants’ favorable statements regarding PACS’s business, operations, and their expectations were misleading and/or unfounded.When the facts hit the market, the lawsuit says, investors were screwed.

To join the PACS group process, go to https://rosenlegal.com/submit-form/?case_id=30617 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.

No Group Guaranteed. Until the group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You may remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the lead plaintiff.

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Advertising Attorney. Preliminary results do not guarantee a similar outcome.

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To view the source version of this release, please visit https://www.newsfilecorp.com/release/236788





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