NEW YORK--(BUSINESS WIRE)-- , a leading national securities law firm, is investigating potential claims against ModivCare, Inc. (“ModivCare” or the “Company”) (NASDAQ: MODV) and reminds investors of the March 31, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See . As detailed below, the complaint ...
Moody's Ratings (Moody's) assigned a Caa2 rating to ModivCare Inc.'s new senior secured second lien PIK toggle notes due 2029 following the close of the company's exchange transaction. ModivCare's existing ratings, including its Caa1 corporate family rating (CFR), Caa1-PD probability of default rati...
Moody's Ratings (Moody's) downgraded ModivCare Inc.'s corporate family rating (CFR) to Caa1 from B3, the probability of default rating (PDR) to Caa1-PD from B3-PD, the senior secured bank credit facility rating to B3 from B2, the senior unsecured notes rating to Caa3 from Caa2 and the speculative gr...
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