SAN FRANCISCO, CA / ACCESSWIRE / May 1, 2019 / Hagens Berman Sobol Shapiro LLP, with 9 offices in 8 cities around the country and 80 attorneys, reminds investors in Healthcare Services Group, Inc. (NASDAQ: HCSG) of the securities class action, Koch v. Healthcare Services Group, Inc., No. 2:19-cv-01227, pending in the United States District Court for the Eastern District of Pennsylvania and alleging Federal securities law violations.
If you purchased or otherwise acquired Healthcare Services Group securities betweenApril 11, 2017 and March 4, 2019 (the "Class Period") and suffered losses you do not need to sign up to be included in the putative class of investors. If you suffered losses in excess of $50,000, you may qualify to be a lead plaintiff - one who selects and oversees the attorneys prosecuting the case.
If you wish to serve as a lead plaintiff in this class action, you must move the Court no later than May 21, 2019 (the "Lead Plaintiff deadline"). Contact Hagens Berman immediately for more information about the case and being a lead plaintiff:
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 manipulating the Company's earnings per share ("EPS") metric for over a decade, then on March 4, 2019, they announced the SEC's investigation into the matter.
"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 nationwide law firm representing investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes can be found at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000
SOURCE: Hagens Berma
