Brookdale Senior Living Inc. (BKD)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Brookdale Senior Living Inc. ("Brookdale" or "the Company") (NYSE: BKD). The investigation concerns whether Brookdale and certain of its officers and/or directors have violated federal securities laws.
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, closing at $3.12 per share on May 1, 2020.
If you are aware of any facts relating to this investigation, or purchased Brookdale shares, you can also contact Peretz Bronstein of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.