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home / news releases / MODV - Kuehn Law Encourages Investors of ModivCare, Inc. to Contact Law Firm


MODV - Kuehn Law Encourages Investors of ModivCare, Inc. to Contact Law Firm

New York, New York--(Newsfile Corp. - April 6, 2025) - Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of ModivCare, Inc. (NASDAQ: MODV) breached their fiduciary duties to shareholders.

According to a federal securities lawsuit, Insiders at ModivCare caused the company to misrepresent or fail to disclose that certain contracts used in ModivCare's non-emergency medical transportation ("NEMT") segment caused the Company's free cash flow to deteriorate and that, as a result, (1) contract renegotiations and pricing accommodations negatively impacted the Company's adjusted EBITDA; (2) the Company had insufficient liquidity; and (3) positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you currently own MODV and purchased prior to November 3, 2022 please contact Justin Kuehn, Esq. here, by email at justin@kuehn.law or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

Why Your Participation Matters:

As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.

For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts:

Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
justin@kuehn.law
(833) 672-0814

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247508

Stock Information

Company Name: ModivCare Inc Com
Stock Symbol: MODV
Market: NASDAQ
Website: modivcare.com

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