IMPORTANT CASE UPDATE:
On August 21, 2023, the Claims Administrator conducted the initial distribution of the Net Settlement Fund to Authorized Claimants, as approved by order of the Court. Please address any questions regarding your payment to the Claims Administrator.
The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency of Class Action and Proposed Settlement, Final Approval Hearing, and Motion for Attorneys’ Fees and Reimbursement of Litigation Expenses (the “Notice”), which you can access by clicking here. Because this website is just a summary, you should review the Notice for additional details.
The Parties have reached a proposed settlement for $16,800,000 in cash (the “Settlement”) for the benefit of the Settlement Class, which is subject to approval by the Court. On January 12, 2022, the Court granted final approval of the Settlement and orders approving the proposed Plan of Allocation for the proceeds of the Settlement and awarding attorney's fees and litigation expenses to Plaintiff's Counsel.
If you are a member of the Settlement Class, you are subject to the Settlement, and you may be eligible for a payment from the Settlement, unless you timely request to be excluded. The Settlement Class consists of the following:
All persons who purchased or otherwise acquired Healthcare Services Group common stock during the Settlement Class Period, April 8, 2014, through February 9, 2021, inclusive.
Excluded from the Settlement Class are certain persons and entities (see question number 6 of the Notice) or those who request exclusion pursuant to the instructions set forth in the Notice (see question number 13 of the Notice).
Please read the Notice to fully understand your rights and options. Copies of the Notice
and Claim Form
can be found in the menu on the left of this page.
Payments to eligible claimants will be made only if the Court approves the Settlement and a Plan of Allocation, only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.
Please read the Notice carefully. If you have questions, you may call the Healthcare Services Group, Inc. Securities Litigation Help Line at (877)777-9675 or email info@HCSGSecuritiesLitigation.com.
Your Legal Rights and Options |
Submit a Claim Form | The deadline has passed. |
| Exclude Yourself | The deadline has passed. |
| Object to Settlement | The deadline has passed. |
Please read the Notice carefully. If you have questions, you may call the Healthcare Services Group, Inc. Securities Litigation Help Line at (877) 777-9675 or email info@HCSGSecuritiesLitigation.com.