Hey guys, if you missed it, Innovage settled $27M with investors over hiding issues with its quality of care and regulatory compliance at its healthcare centers. And, I just found out that they’re accepting claims even though the deadline has passed.
Quick recap: In 2021, InnovAge went public, promoting its model of coordinated care for frail seniors. But later that year, regulators found serious care and staffing deficiencies at key facilities. As enrollment at major centers was suspended, $INNV dropped over 78%, and investors filed a lawsuit.
Now, the good news is that the company agreed to settle $27M with them, and even though the deadline has passed recently, they’re accepting late claims.
So, if you invested in $INNV when all of this happened, you can still check the details and [file your claim here](https://11th.com/cases/innovage-investor-settlement).
Anyway, has anyone here invested in Innovage at that time? How much were your losses, if so?