The Law Offices of Frank R. Cruz Announces Investigation of Cano Health, Inc. (CANO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cano Health, Inc. (“Cano Health” or the “Company”) (NYSE: CANO) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On February 28, 2022, Cano Health announced that it would be delaying the release of its financial results from the fourth quarter and full year 2021 due to the results of a recent internal audit. The audit “identified certain non-cash adjustments to account for revenue recognition under accounting standard ASC 606 . . . related to Medicare Risk Adjustments.”

On this news, Cano Health’s stock fell $0.32, or 6.2%, to close at $4.87 per share on February 28, 2022, thereby injuring investors.

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If you purchased Cano Health securities, have information or 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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