An investigation on behalf of investors in LifeStance Health Group, Inc. (NASDAQ: LFST) shares over potential wrongdoing at LifeStance Health Group, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 12/16/2021 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at LifeStance Health Group, Inc.
Investors who purchased shares of LifeStance Health Group, Inc. (NASDAQ: LFST) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain LifeStance Health Group directors breached their fiduciary duties and caused damage to the company and its shareholders.
Scottsdale, AZ based LifeStance Health Group, Inc., through its subsidiaries, provides outpatient mental health services.
On or about June 10, 2021, LifeStance Health Group, Inc. sold about 40 million shares of stock in its initial public stock offering (the "IPO") at $18 a share, raising nearly $720 million in new capital.
On August 11, 2021, LifeStance Health Group, Inc. released its second quarter ended June 30, 2021, financial results, reporting a net loss of $70 million.
Shares of LifeStance Health Group, Inc. (NASDAQ: LFST) declined to as low as $7.87 per share on December 6, 2021.
Those who purchased shares of LifeStance Health Group, Inc. (NASDAQ: LFST) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.