SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Cano Health, Inc. (CANO)
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Nov 21, 2023, 2:30 PM ET
NEW YORK, NY / ACCESSWIRE / November 21, 2023 / Levi & Korsinsky notifies investors that it has commenced an investigation of Cano Health, Inc. ("Cano Health") (NYSE:CANO) concerning possible violations of federal securities laws.
On November 17, 2023, UBS cut its rating of Cano Health to "Sell", citing the Company's deteriorating liquidity position. UBS opined that "elevated third-party medical expenses will have a sustained negative effect on the company's already challenged liquidity position." On this news, Cano's stock price fell 6.72%, to close at $7.63 per share on November 17, 2023. To obtain additional information, go to:
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE: Levi & Korsinsky, LLP
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