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Case Status:    ONGOING    
On or around 09/17/2019 (Ongoing date of last review)

Filing Date: March 22, 2019

According to the Complaint, Healthcare Services Group, Inc. engages in the management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments to nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. The Complaint alleges that specifically, Defendants made false and/or misleading statements and/or failed to disclose that Defendants engaged in a scheme to deceive the market and a course of conduct that artificially inflated the price of Healthcare Services securities and operated as a fraud or deceit on Class Period purchasers of Healthcare Services securities by misrepresenting the value of the Company’s business and prospects by overstating its earnings and concealing the significant defects in its internal controls.

On June 17, 2019, the Court issued an Order appointing Lead Plaintiff and Counsel. Lead Plaintiff filed an amended Complaint on September 17.

COMPANY INFORMATION:

Sector: Services
Industry: Business Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: HCSG
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: E.D. Pennsylvania
DOCKET #: 19-CV-01227
JUDGE: Hon. Eduardo C. Robreno
DATE FILED: 03/22/2019
CLASS PERIOD START: 04/11/2017
CLASS PERIOD END: 03/04/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Holzer & Holzer, LLC
  2. Pomerantz LLP (New York)
  3. The Rosen Law Firm, P.A. (Jenkintown)
No Document Title Filing Date
COURT: E.D. Pennsylvania
DOCKET #: 19-CV-01227
JUDGE: Hon. Eduardo C. Robreno
DATE FILED: 09/17/2019
CLASS PERIOD START: 04/08/2014
CLASS PERIOD END: 03/04/2019
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Berman Tabacco
    44 Montgomery Street Suite 650, Berman Tabacco, CA 94104
    415.433.3200 415.433.6382 ·
  2. Schnader Harrison Segal & Lewis LLP (Philadelphia)
    1600 Market Street, Ste. 3600, Schnader Harrison Segal & Lewis LLP (Philadelphia), PA 19103
    215.751.2503 215.751.2205 ·
No Document Title Filing Date
—Related District Court Filings Data is not available