Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of The Joint Corp. (NASDAQ: JYNT) resulting from allegations that Joint may have issued materially misleading business information to the investing public.
If you purchased Joint securities and would like to join the prospective action, please click “Join This Class Action.”
On October 7, 2021, market analyst The Bear Cave issued a report alleging problems at Joint, alleging that the franchisor of chiropractic clinics has been re-acquiring struggling clinics, may be using an undisclosed related party to make loans to franchises, and has been overbilling customers.
On this news, Joint share prices fell $12.44, or over 12%, in intraday trading, closing at $85.53 on October 7, 2021.
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