Financial News
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against InnovAge Holding Corp. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles - 
(NewMediaWire) - November 22, 2021 - The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against InnovAge
Holding Corp. (“InnovAge” or “the Company”) (NASDAQ: INNV) for violations of the federal securities laws.
Investors who purchased the Company's shares pursuant
and/or traceable to the Company’s initial public offering conducted in March
2021 (the “IPO”), are encouraged to contact the firm before December 13, 2021.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of
the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067,
at 310-301-3335, to discuss your rights free of charge. You can also reach us
through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been
certified, and until certification occurs, you are not represented by an
attorney. If you choose to take no action, you can remain an absent class
member.
According to the Complaint, the Company made
false and misleading statements to the market. InnovAge centers failed to
provide covered services for participants amongst other failures. Based on
these failures, there was a significant risk that CMS would suspend new
enrollments until such time as an audit of the Company’s services would be
performed. Based on these facts, the Company’s public statements were false and
materially misleading throughout the IPO period. When the market learned the
truth about InnovAge, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors
around the world and specializes in securities class action lawsuits and
shareholder rights litigation.
This press release may be considered Attorney
Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
SOURCE:
The Schall Law Firm
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