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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Healthcare Services Group, Inc.    HCSG

HEALTHCARE SERVICES GROUP, INC.

(HCSG)
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HEALTHCARE SERVICES 96 HOUR DEADLINE ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action Lawsuit against Healthcare Services Group, Inc. - HCSG

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05/17/2019 | 10:51pm EDT

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with losses in excess of $100,000 that they have only until May 21, 2019 to file lead plaintiff applications in a securities class action lawsuit against Healthcare Services Group, Inc. (NasdaqGS: HCSG). Investor losses must relate to purchases of the Company’s securities between April 11, 2017 and March 4, 2019. This action is pending in the United States District Court for the Eastern District of Pennsylvania.

What You May Do

If you purchased securities of Healthcare Services and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-hcsg/ to learn more. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by May 21, 2019.

About the Lawsuit

On March 4, 2019, the Company disclosed an ongoing investigation by the SEC regarding its EPS calculation and reporting practices, including the receipt of a subpoena in March 2018, and that because of these circumstances and its own internal review of the matter, it was unable to timely file its 2018 10-K report.

On this news, the price of Healthcare Services Group’s shares plummeted.

The case is Koch v. Healthcare Services Group, Inc., 19-cv-1227.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.


© Business Wire 2019
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Financials ($)
Sales 2019 1 929 M
EBIT 2019 129 M
Net income 2019 86,5 M
Finance 2019 104 M
Yield 2019 2,32%
P/E ratio 2019 27,20
P/E ratio 2020 20,30
EV / Sales 2019 1,20x
EV / Sales 2020 1,10x
Capitalization 2 414 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 38,9 $
Spread / Average Target 19%
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Managers
NameTitle
Theodore Wahl President, Chief Executive Officer & Director
Jude Visconto Chairman
David Hurlock Chief Operating Officer & EVP
John Christopher Shea Chief Financial Officer & Executive VP
Robert L. Frome Independent Director
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