HCSG INVESTIGATIVE ALERT: Hagens Berman Alerts Healthcare Services Group (HCSG) Investors to Investigation of Possible Securities Law Violations

HCSG INVESTIGATIVE ALERT: Hagens Berman Alerts Healthcare Services Group (HCSG) Investors to Investigation of Possible Securities Law Violations

PR Newswire

SAN FRANCISCO, March 7, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in Healthcare Services Group, Inc. (NASDAQ: HCSG) to the firm's investigation of possible improper earnings per share ("EPS") rounding and reporting practices.  If you purchased or otherwise acquired Healthcare Services Group securities before March 4, 2019 and suffered losses contact Hagens Berman Sobol Shapiro LLP.  For more information about the investigation click

https://www.hbsslaw.com/cases/HCSG

or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing

[email protected].

On March 4, 2019, Healthcare Services Group and senior management announced (a) the Company is unable to timely file its annual report on Form 10-K for the year ended December 31, 2018, and (b) the Company received a subpoena from the SEC in connection with its investigation into EPS rounding and reporting practices.

This news drove the price of Healthcare Services Group shares sharply lower during intraday trading on March 4, 2019.

"We're focused on investors' losses and whether the Company and senior management may have misled investors," 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 [email protected].

About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 78 attorneys in 9 offices across the country.  The firm represents investors, whistleblowers, workers and consumers in complex litigation.  More about the firm and its successes can be found at www.hbsslaw.com.  For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 510-725-3000

Hagens Berman Sobol Shapiro LLP (PRNewsfoto/Hagens Berman Sobol Shapiro LLP)

 

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SOURCE Hagens Berman Sobol Shapiro LLP

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