NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following public companies. You can see a copy of the complaints by visiting the links below or you can contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered damage, you can request that the court appoint you as lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff. A lead plaintiff acts on behalf of all other group members in conducting the litigation. The lead plaintiff can select a law firm of his choice. An investor’s ability to participate in a potential future recovery is not contingent on its serving as lead plaintiff.
LifeStance Health Group, Inc. LFST
school lesson: LifeStance Health common stock issued in connection with LifeStance Health’s initial public offering on June 10, 2021 (the “IPO”).
Meeting: October 11, 2022
For more information: www.bgandg.com/lfst1.
The complaint alleges that the IPO’s registration statement failed to disclose the following material facts: (1) that the number of virtual visits customers made with LifeStance Health decreased as the COVID-19 lockdowns were lifted, causing the LifeStance Health outpatients flattened/virtual revenue growth; (2) that 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; (3) that LifeStance Health had lost a large number of physicians to burn-out and as a result its physician retention rate had fallen well below the 87% highlighted in the IPO’s registration statement and LifeStance Health had incurred additional costs on board…
