NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Brookdale Senior Living, Inc. (NYSE: BKD) on behalf of Brookdale stockholders. Our investigation concerns whether Brookdale has violated the federal securities laws and/or engaged in other unlawful business practices.
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On April 30, 2020, media outlets reported that a proposed class action had been filed against Brookdale accusing the Company of, among other things, “chronically insufficient staffing” at its facilities in an effort to meet financial benchmarks.
On this news, Brookdale’s stock price fell $0.56 per share, or 15.22%, over the following two trading sessions, to close at $3.12 per share on May 1, 2020.
If you purchased or otherwise acquired Brookdale shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato or Marion Passmore by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.