Brookdale Senior Living Inc. (BKD)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Brookdale Senior Living Inc. (“Brookdale” or the “Company) (NYSE: BKD) Investors who purchased Brookdale securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Brookdale violated federal securities laws.
On January 13, 2023, Brookdale issued a press release announcing “select changes to its full-year 2022 financial expectations based on its preliminary, unaudited results”. Among other items, Brookdale reported that “[f]ull-year Adjusted EBITDA will be modestly below the previously issued guidance range.” Brookdale also announced that “Steven E. Swain, who serves as Brookdale’s Executive Vice President and Chief Financial Officer, will terminate employment effective February 24, 2023.” On this news, Brookdale’s stock price fell $0.18 per share, or 6.19%, to close at $2.73 per share on January 13, 2023.
If you are aware of any facts relating to this investigation or purchased Brookdale shares, you can assist in this investigation by contacting the firm. You can also contact Peretz Bronstein or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.