SAN FRANCISCO, Jan. 6, 2025 /PRNewswire/ -- PACS Group (NYSE: PACS), a nursing home operator that saw its stock soar after its initial public offering in April, has experienced a precipitous decline in recent weeks, losing 70 percent of its market capitalization since early November. The company is now grappling with allegations of deceptive Medicare billing practices, a federal regulatory investigation, delayed financial reporting and a burgeoning investor class-action lawsuit.Shareholder rights firm Hagen ...