-

Shareholder Alert: Robbins LLP Announces Brookdale Senior Living Inc. (BKD) Accused of Misleading Shareholders

SAN DIEGO & BRENTWOOD, Tenn.--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces that a purchaser of Brookdale Senior Living Inc. (NYSE: BKD) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between August 10, 2016 and April 29, 2020. Brookdale owns and operates senior living communities in the United States.

If you suffered a loss as a result of Brookdale's misconduct, click here.

Brookdale Senior Living Inc. (BKD) Accused of Misleading Shareholders

According to the complaint, in February 2017, Brookdale assured investors in its 2016 annual report that the Company "is committed to providing senior living solutions primarily within properties that are designed, purpose-built and operated to provide the highest quality service, care and living accommodations for residents.” Additionally, Brookdale affirmed its operating efficiency due to its community staffing and training. These assurances were maintained in its 2017, 2018, and 2019 annual reports. Despite its repeated assurances, on April 30, 2020, Nashville Business Journal reported that a proposed class action lawsuit had been filed against Brookdale for "chronically insufficient staffing" at its facilities in an effort to meet financial benchmarks since at least April 24, 2016. The plaintiffs allege they "have not received the care and services they paid for" and ask that Brookdale "stop the unlawful and fraudulent practices." On this news, Brookdale's share price fell over 15% over two trading sessions to close at $3.12 per share.

Brookdale Senior Living Inc. (BKD) Shareholders Have Options

Contact us to learn more:
Leo Kandinov
(800) 350-6003
lkandinov@robbinsllp.com
Shareholder Information Form

Want to be notified if a class action on behalf of Brookdale settles? Want to receive free alerts about companies engaged in wrongdoing? Sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contacts

Leo Kandinov
Robbins LLP
lkandinov@robbinsllp.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com

Industry:

Robbins LLP

NYSE:BKD
Release Versions
English
$Cashtags
$BKD
Hashtags
#ClassAction
#Finance
#Investment
#Investor
#Lawsuit
#Securities
#Shareholder
#Shareholderrights
#StockAlert
#StockMarketData
#StockNews
#StockTrading
#Stocks
#Trader
#shareholderrightslawfirm

Contacts

Leo Kandinov
Robbins LLP
lkandinov@robbinsllp.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com

More News From Robbins LLP

Investor Notice: Robbins LLP Informs Investors of the Veritone, Inc. Class Action

SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Veritone, Inc. (NASDAQ: VERI) securities between October 14, 2025 and April 14, 2026. Veritone engages in the provision of artificial intelligence (“AI”) computing solutions and services.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegat...

Stockholder Alert: Robbins LLP Announces that the Shareholder Class Action Against Lamb Weston Holdings, Inc. Survived the Motion to Dismiss

SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs investors that Lamb Weston Holdings, Inc. (NYSE: LW) may face damages due to a pending securities class action lawsuit brought on behalf of investors who purchased the Company's securities between July 25, 2023 and April 3, 2024. Lamb Weston is a large producer of frozen potato products, which it sells to restaurants and retailers around the world.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6...

Investor Notice: Robbins LLP Informs Sellers of the ChampionX Corporation. Class Action Lawsuit

SAN DIEGO--(BUSINESS WIRE)--Robbins LLP informs investors that a class action was filed on behalf of all sellers of ChampionX Corporation (NASDAQ: CHX) common stock between February 29, 2024 and April 1, 2024. ChampionX is a global provider of chemistry solutions, artificial lift systems, and highly engineered equipment and technologies for the drilling and production of oil and gas. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The a...
Back to Newsroom