An investigation for investors in LifeStance Health Group, Inc. (NASDAQ:LFST) shares over potential securities laws violations by LifeStance Health Group, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 08/26/2021 -- An investigation was announced concerning potential securities laws violations by LifeStance Health Group, Inc. in connection with certain financial statements.
Investors who purchased shares of LifeStance Health Group, Inc. (NASDAQ: LFST), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by LifeStance Health Group, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Scottsdale, AZ based LifeStance Health Group, Inc., through its subsidiaries, provides outpatient mental health services to children, adolescents, adults, and geriatrics.
On or about June 10, 2021, LifeStance Health Group, Inc sold about 40 million shares of stock in its initial public stock offering (the "IPO") at $18 a share, raising nearly $720 million in new capital.
On Wednesday, August 11, 2021, LifeStance Health Group, Inc released its second quarter ended June 30, 2021, financial results, reporting a net loss of $70 million.
Shares of LifeStance Health Group, Inc. (NASDAQ: LFST) declined to as low as $10.71 per share on August 12, 2021.
Those who purchased shares of LifeStance Health Group, Inc. (NASDAQ: LFST) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.