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Investigation announced for Long-Term Investors in Healthcare Services Group, Inc. (NASDAQ: HCSG)

08-13-2019 09:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Healthcare Services Group, Inc. (NASDAQ: HCSG) shares.

An investigation on behalf of current long term investors in Healthcare Services Group, Inc. (NASDAQ: HCSG) shares.

An investigation on behalf of current long-term investors in shares of Healthcare Services Group, Inc. (NASDAQ: HCSG) concerning potential breaches of fiduciary duties by certain directors and officers of Healthcare Services Group, Inc. was announced.

Investors who are current long term investors in Healthcare Services Group, Inc. (NASDAQ: HCSG) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: HCSG stocks follows a lawsuit filed against Healthcare Services Group, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: HCSG stocks, concerns whether certain Healthcare Services Group directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of Pennsylvania the plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Defendants made false and misleading statements and engaged in a scheme to deceive the market and a course of conduct that artificially inflated the price of Healthcare Services securities and operated as a fraud or deceit on purchasers of Healthcare Services securities between April 11, 2017 and March 4, 2019 by misrepresenting the value of the Company’s business and prospects by overstating its earnings and concealing the significant defects in its internal controls

Those who purchased shares of Healthcare Services Group, Inc. (NASDAQ: HCSG) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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