DCGO - Bragar Eagel & Squire P.C. Is Investigating DocGo and Clear Channel and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DocGo, Inc. (NASDAQ:DCGO), and Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
DocGo, Inc. (NASDAQ:DCGO)
On July 30, 2023, the New York Times published an article reporting on a "rocky" start to DocGo's migrant relocation efforts in New York City. The New York Times article reported that asylum-seekers have complained of threats and "broken promises" after New York City awarded DocGo a no-bid $432 million contract in May to move migrants outside the city. Specifically, the article stated that "[l]ocal authorities have expressed frustration at the lack of coordination between DocGo and agencies that could provide services to the migrants; local security guards hired by DocGo have repeatedly threatened the migrants; and finding steady work has been nearly impossible[.]" DocGo's $432 million contract nearly matches the Company's total 2022 revenue of roughly $441 million.
Following publication of the ...