Press release
Investigation announced for Investors in DocGo Inc. (NASDAQ: DCGO) over potential Wrongdoing
An investigation on behalf of investors in DocGo Inc. (NASDAQ: DCGO) shares over potential wrongdoing at DocGo Inc. was announced.
Investors who purchased shares of DocGo Inc. (NASDAQ: DCGO) 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 concerns whether certain DocGo Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
DocGo Inc. reported that its annual Total Revenue rose from $318.71 million in 2021 to $440.51 million in 2022, and that its Net Income increased from $23.74 million in 2021 to $34.58 million in 2022.
On January 10, 2024, before the market opened, a report was released entitled "DocGo - Allegations of Fraudulent Billing Practices & Forging of Documents." Fuzzy Panda stated that "through former employee interviews and never before seen lawsuits we discovered serious allegations that DocGo (DCGO) has allegedly been committing Medicare fraud and having employees forge signatures on medical documents."
Shares of DocGo Inc. (NASDAQ: DCGO) declined from $10.82 per share in August 2023, to as low as $2.78 per share on January 10, 2024.
Those who purchased shares of DocGo Inc. (NASDAQ: DCGO) have certain options and should contact the Shareholders Foundation.
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:
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 lawsuits, 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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