LifeStance Health Group, Inc. (NASDAQ: LFST)

This investigation is for anyone who acquired securities in of LifeStance Health Group, Inc. (NASDAQ: LFST) prior to October 19, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company followed by applicable law but then by over-billing customers in violation of the law.

On October 19, 2023, The Bear Cave published a report alleging that it “uncovered dozens of complaints concerning overbilling, fraudulent billing, and unfair and deceptive business practices” at LifeStance, including “allegations that LifeStance is scheduling therapy appointments without the knowledge of patients to incur spurious cancellation and no-show fees, allegations that LifeStance added unearned billing codes to patient bills, allegations that LifeStance sends bills to people that have never used its services, and multiple employee reviews concerning billing fraud.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in LifeStance Health Group, Inc. (NASDAQ: LFST) prior to October 19, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.