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The Ensign Group (ENSG) Shares Fall Amid Activist Forensic Reports Challenging Patient Care Claims, Legal Compliance -- HBSS
GlobeNewswire Inc.·
The Ensign Group (ENSG) stock fell over 8% after Hunterbrook Media and Muddy Waters Research published critical reports alleging the company cuts staff at acquired nursing facilities while claiming quality improvements, and potentially engages in fraudulent practices involving rented NHA licenses. The allegations have wiped out over $500 million in market capitalization, prompting Hagens Berman to investigate potential securities law violations.
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