NEW YORK, NY / ACCESSWIRE / February 11, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Healthcare Services Group, Inc.("Healthcare Services" or "the Company") (NASDAQ:HCSG). Investors who purchased Healthcare Services securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hcsg.
The investigation concerns whether Healthcare Services and certain of its officers and/or directors have violated federal securities laws.
On February 10, 2020, HCSG issued a press release announcing the Company's financial and operating results for the fourth quarter of 2020. The press release also provided an update on the status of a previously disclosed U.S. Securities and Exchange Commission ("SEC") investigation into the Company's earnings-per-share calculation practices, announcing that "[t]he Company and the SEC have recently commenced discussions regarding a potential resolution of the investigation, which focuses on periods prior to 2018. As discussions regarding a potential resolution are ongoing, Mr. John C. Shea, the Company's Chief Financial Officer, has notified the Company that he is taking a temporary leave of absence from his duties." On this news, HCSG's stock price fell $3.01 per share, or 8.88%, to close at $30.90 per share on February 10, 2021.
If you are aware of any facts relating to this investigation, or purchased Healthcare Services shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/hcsg. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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