CLASS ACTION UPDATE for LFST, SFIX and MDT: Levi & Korsinsky, LLP
NEW YORK, NY / ACCESSWIRE / October 5, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have been filed on behalf of the shareholders of the following public companies. Shareholders interested in serving as lead plaintiffs have until the listed time limits to file a motion with the court. See the links provided for more details on the cases. There are no costs or obligations for you.
LFST shareholders click here: https://www.zlk.com/pslra-1/lifestance-health-lawsuit-loss-submission-form?prid=32425&wire=1
SFIX shareholders click here: https://www.zlk.com/pslra-1/stitch-fix-class-action-loss-submission-form?prid=32425&wire=1
MDT shareholders click here: https://www.zlk.com/pslra-1/medtronic-class-action-loss-submission-form?prid=32425&wire=1
* ADDITIONAL INFORMATION BELOW *
LifeStance Health Group, Inc. (NASDAQ:LFST)
This lawsuit is on behalf of all purchasers of LifeStance common stock pursuant to and/or traceable to documents issued in connection with LifeStance’s IPO on June 10, 2021.
Deadline for Lead Plaintiff: October 11, 2022
TO LEARN MORE VISIT: https://www.zlk.com/pslra-1/lifestance-health-lawsuit-loss-submission-form?prid=32425&wire=1
According to the complaint filed, (i) the number of virtual visits customers made using LifeStance Health decreased when COVID-19 lockdowns were lifted, flattening LifeStance Health’s outpatient/virtual revenue growth; (ii) the percentage of in-person visits customers made with LifeStance Health increased when COVID-19 lockdowns were lifted, thereby significantly increasing LifeStance Health’s operating costs; (iii) LifeStance Health had lost a large number of physicians to burnout and as a result its physician retention rate had fallen well below the 87% stated in the IPO’s registration statement and LifeStance Health had incurred additional expenses to…