SAN FRANCISCO, April 02, 2019 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP reminds investors in Healthcare
Services Group, Inc. (NASDAQ: HCSG) of the May 21, 2019 Lead Plaintiff Deadline in the pending
securities class action. If you purchased or otherwise acquired Healthcare Services Group securities between April
11, 2017 and March 4, 2019 (the “class period”) and suffered losses contact Hagens Berman Sobol Shapiro LLP. For
more information about the case or to inquire about serving as Lead Plaintiff click
https://www.hbsslaw.com/cases/HCSG
or contact Reed Kathrein, who is leading the firm’s investigation, by calling 510-725-3000 or emailing
HCSG@hbsslaw.com.
According to the complaint, Defendants misled investors by strategically rounding up the Company’s earnings per share (“EPS”)
metric for over a decade.
On March 4, 2019, Defendants announced the SEC has been investigating the Company’s EPS rounding and reporting practices since
November 2017.
This news drove the price of Healthcare Services Group shares sharply lower that day to close at $32.78.
“We’re focused on investors’ losses, whether Defendants improperly rounded up the Company’s reported EPS and, if so, the extent
to which investors may have been misled,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding Healthcare Services Group should consider
their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program,
whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by
the SEC. For more information, call Reed Kathrein at 510-725-3000 or email HCSG@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 78 attorneys in 9 offices across the
country. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the
firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000