LifeStance Health Group, Inc.

Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of LifeStance Health Group, Inc. (NASDAQ: LFST) resulting from allegations that LifeStance may have issued materially misleading business information to the investing public.

If you purchased LifeStance securities and would like to join the prospective action, please click “Join This Class Action.”

If you purchased LifeStance securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of investigation:

On October 19, 2023, during market hours, The Bear Cave released a report entitled “Problems at LifeStance Health (LFST)”. In this report, The Bear Cave stated that, through numerous Freedom of Information Act requests, it had uncovered “dozens of complaints concerning overbilling, fraudulent billing, and unfair and deceptive business practices.” Further, “[a]fter reviewing the evidence”, The Bear Cave stated that it “is left wondering whether LifeStance is a thriving therapy franchise or an illegal billing operation with therapy on the side.”

On this news, the price of LifeStance stock price fell by $0.54, or 8.89%, to close at $5.53 per share on October 19, 2023.

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Company Name: LifeStance Health Group, Inc.
Stock Symbol: LFST
Class Period: N/A
Court: N/A

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

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The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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