NEW YORK, Sept. 22, 2021 (GLOBE NEWSWIRE) — Scott+Scott Attorneys at Regulation LLP (“Scott+Scott”), a world shareholder and client rights litigation agency, is investigating whether or not LifeStance Well being Group, Inc. (“LifeStance Well being” or the “Firm”) (NASDAQ: LFST) and sure of its officers and administrators violated federal securities legal guidelines in reference to its June 2021 preliminary public providing (“IPO”). In the event you bought or in any other case personal LifeStance Well being shares, and have suffered a loss, you might be inspired to contact Jonathan Zimmerman at (888) 398-9312 for extra info.
LifeStance Well being claims to have constructed one of many nation’s largest outpatient psychological well being platforms based mostly on variety of clinicians and geographic scale.
On or about June 10, 2021, LifeStance Well being performed its IPO, making out there 40 million shares to most of the people at $18 per share for gross proceeds of $720 million.
On August 11, 2021, after the market closed, LifeStance Well being launched its second quarter 2021 outcomes, revealing wider-than-expected web losses and gentle development expectations, which missed analysts’ estimates.
On this information, LifeStance Well being’s shares fell over 46%, to shut at $11.71 per share on August 12, 2021.
What You Can Do
In the event you bought or in any other case personal LifeStance Well being shares, and also you want to talk about this investigation, please contact lawyer Jonathan Zimmerman at (888) 398-9312, or at [email protected], or go to the LifeStance Well being investigation web page on our web site at https://scott-scott.com/sec-investigation/lifestance-health-group-inc/.
About Scott+Scott Attorneys at Regulation LLP
Scott+Scott has vital expertise in prosecuting main securities, antitrust, and worker retirement plan actions all through america. The agency represents pension funds, foundations, people, and different entities worldwide with places of work in New York, London, Amsterdam, Connecticut, Virginia, California, and Ohio.
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