Trending...
- DanReDev, Kaufman Development & Oldivai Announce Major 2026 Projects Nationwide
- "I Make Music Not Excuses" Journal by Anthony Clint Jr. Becomes International Amazon Best Seller, Empowering Music Creators Worldwide
- Consortium Media Appoints Jennifer Curtis-Neves as President of Consortium Media
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against LifeStance Health Group, Inc. ("LifeStance" or "the Company") (NASDAQ: LFST) for violations of the federal securities laws.
Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on June 10, 2021 (the "IPO"), are encouraged to contact the firm before October 11, 2022.
If you are a shareholder who suffered a loss, click here to participate.
More on The Californer
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. LifeStance suffered from a decrease in virtual visits by clients as COVID-19 lockdowns were ending, negatively impacting its out-patient/virtual revenue growth. The Company's operating expenses significantly increased as the number of in-person visits were increasing. The Company lost a significant number of physicians to burn-out, dropping its retention rate below the 87% retention rate touted in the IPO materials. Based on these facts, the Company's public statements were false and materially misleading throughout the IPO period. When the market learned the truth about LifeStance, investors suffered damages.
More on The Californer
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on June 10, 2021 (the "IPO"), are encouraged to contact the firm before October 11, 2022.
If you are a shareholder who suffered a loss, click here to participate.
More on The Californer
- Umbrella by J French Premieres Live at 8586 in the Beverly Center on December 22
- Affordable Luxury Bracelets to Gift This Christmas: Timeless Style with 40% Holiday Savings
- Kentucky Judges Ignore Evidence, Prolong Father's Ordeal in Baseless Case
- Contracting Resources Group Receives 2025 HIRE Vets Platinum Medallion Award from the U.S. Department of Labor
- The Iconic Cops TV Show Is Now Streaming on AwepraTV
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. LifeStance suffered from a decrease in virtual visits by clients as COVID-19 lockdowns were ending, negatively impacting its out-patient/virtual revenue growth. The Company's operating expenses significantly increased as the number of in-person visits were increasing. The Company lost a significant number of physicians to burn-out, dropping its retention rate below the 87% retention rate touted in the IPO materials. Based on these facts, the Company's public statements were false and materially misleading throughout the IPO period. When the market learned the truth about LifeStance, investors suffered damages.
More on The Californer
- Matt Ox Releases New Visual Content Highlighting Artistic Growth and Collaboration
- Silva Construction Unveils 2026 Design Trends
- California: Governor Newsom announces appointments 12.12.2025
- Interpreters Unlimited Helps NORAD Track Santa in More Languages Than Ever Before
- Quantum Capital Partners Secures $26M Construction Financing to Kickstart Major Mixed-Use Activation
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
Filed Under: Business
0 Comments
Latest on The Californer
- Terizza Forms Strategic Collaboration with UC San Diego to Pioneer Next-Generation Distributed AI Infrastructure
- Car Wash in Northridge Under $10
- Only 3 Spots Left for Rise Within: Wellness Retreat Los Cabos – January 2026
- EnergyStrat Launches Global LNG Risk Outlook 2025–2030
- bisco industries New Authorized Line: SKF Aerospace
- Strong Revenue Gains, Accelerating Growth, Strategic Hospital Expansion & Uplisting Advancements: Cardiff Lexington Corporation (Stock Symbol: CDIX)
- Baby Boomers: The Perfect Cash Buyers in Today's Market
- Stray Theories Unveils Falter, an Atmospheric Passage Through the Spaces Between Doubt and Hope
- Holiday Decorations Most Likely to Cause Injuries
- Daniel S. Romero, CFP® Earns Renowned Certification for Fiduciary Excellence
- UK Financial Ltd Confirms Official Corporate Structure of the Maya Preferred Project and Its Dual-Class Token System
- California: Coho salmon are making a comeback in the Russian River for the first time in 30 years
- DKN Hotels Acquires Residence Inn by Marriott San Diego Sorrento Mesa/Sorrento Valley
- CCHR Florida Joins Global Call to Ban Electroshock Treatment, Citing New Evidence of Widespread Patient Harm
- BoxingRx Announces Full Gym Renovation Ahead of New Ownership's One-Year Anniversary
- UK Financial Ltd Announces It's Official Corporate Headquarters In The United Kingdom
- Rigani Press Announces Breakthrough Book for Health IT and Medical Leaders to Forge the Road to Responsible AI
- FreeTo.Chat - The bold, Anonymous Confession Platform, ushers in a new era of tension relief
- Touchless Car Wash in Northridge CA
- California: Governor Newsom, First Partner join LA fire survivors Jude and Rebecca Kessler for 94th annual Capitol Tree lighting ceremony