The law firm Robbins Geller Rudman & Dowd LLP has initiated a formal investigation into potential federal securities law violations by the NASDAQ-listed company. The Muddy Waters report, titled "Ensign: Deceiving the Government at Estimated ~20% of Facilities," suggests the firm’s current margins and acquisition strategy rely on unsustainable misconduct. Robbins Geller is now seeking information from investors who suffered financial losses or witnesses with knowledge of these practices. Those interested in the inquiry can contact attorneys Ken Dolitsky or Michael Albert at 800-851-7783 or via email at the firm’s San Diego headquarters.
Robbins Geller Investigates The Ensign Group Following Muddy Waters Report
Shares of The Ensign Group, Inc. faced a sharp decline after a June 11 report from Muddy Waters Research alleged that the senior living provider engaged in systemic deception across roughly 20% of its facilities, potentially exposing the company to billions of dollars in government liability.
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