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InnovAge IPO Investors Get Initial OK Of $27M Settlement

By Sydney Price ( June 18, 2025, 2:42 PM EDT) -- A Colorado federal judge has preliminarily approved a $27 million settlement between InnovAge Holding Corp., its underwriters and a class of stockholders accusing the senior-health care company of making misleading statements in an initial public offering that later caused stock prices to tank after a government audit exposed the falsehoods....

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