Press release
Investigation announced for Investors in shares of BrightSpring Health Services, Inc. (NASDAQ: BTSG) over potential Wrongdoing
An investigation on behalf of investors in BrightSpring Health Services, Inc. (NASDAQ: BTSG) shares over potential wrongdoing.
Investors who purchased shares of BrightSpring Health Services, Inc. (NASDAQ: BTSG) 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 BrightSpring Health Services, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Louisville, KY based BrightSpring Health Services, Inc. operates a home and community-based healthcare services platform in the United States.
BrightSpring Health Services, Inc. reported that its annual Total Revenue rose from over $7.72 billion in 2022 to over $8.82 billion in 2023, and that its Net Loss increased from $53.9 million in 2022 to $154.6 million in 2023.
On or around January 25, 2024, BrightSpring Health Services, Inc. conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share.
Then, on August 2, 2024, BrightSpring Health Services, Inc. announced its financial results for the second quarter of 2024. Among other items, BrightSpring reported non-GAAP earnings per share of $0.10, missing consensus estimates by $0.03 per share.
Shares of BrightSpring Health Services, Inc. (NASDAQ: BTSG) declined to $10.15 per share on August 05, 2024.
Those who purchased shares of BrightSpring Health Services, Inc. (NASDAQ: BTSG) 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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