LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Brookdale Senior Living Inc. (“Brookdale” or “the Company”) (NYSE: BKD) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Brookdale is facing a class action lawsuit as reported by the media on April 30, 2020. The lawsuit accuses the company of “chronically insufficient staffing” among other deficiencies, designed to help its facilities meet financial benchmarks. Based on this news, shares of Brookdale fell by more than 15% across the next two trading sessions.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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