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Fundado el 20 de mayo de 2013

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Brookdale Senior Living Inc. (BKD) on Behalf of Investors

BENSALEM, Pa.–(BUSINESS WIRE)–$BKD #fraud–Law Offices of Howard G. Smith announces an investigation on behalf of Brookdale Senior Living Inc. (“Brookdale” or the “Company”) (NYSE: BKD) investors concerning the Company and its officers’ possible violations of federal securities laws.

On April 30, 2020, Nashville Business Journal reported that a proposed class action lawsuit had been filed against Brookdale, accusing the Company of, among other things, purposeful “chronically insufficient staffing” at its facilities in an effort to meet financial benchmarks since at least April 24, 2016. According to the lawsuit, the Company misinformed both residents and their families in promising to provide daily living services and basic care. The lawsuit also claims that the proposed class of plaintiffs “have not received the care and services they paid for.”

On this news, the Company’s share price fell $0.56 per share, or over 15%, over two trading sessions, to close at $3.12 per share on May 1, 2020.

If you purchased Brookdale securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com
www.howardsmithlaw.com