InnovAge Holding Inc. Class Action Lawsuit - INNV

Company
InnovAge Holding Inc. (NASDAQ: INNV)
Lead Plaintiff Deadline
December 13, 2021 (Expired)
Class Definition
pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s March 2021 initial public offering

Expired

Lead Plaintiff Deadline

Dec 13, 2021

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Allegations

(1) certain of InnovAge’s facilities failed to provide covered services, provide accessible and adequate services, manage participants’ medical situations, and oversee use of specialists; (2) as a result, the Company was reasonably likely to be subject to regulatory scrutiny, including by the Centers for Medicare and Medicaid Services; (3) as a result, there as a significant risk that CMS would suspend new enrollments pending an audit of the Company’s services; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the INNV class action lawsuit, you must have incurred a loss on shares of InnovAge purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in InnovAge during the relevant time frame, you have until December 13, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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