MSP Recovery Inc

MSP Recovery, Inc. engages in the development of healthcare recoveries and data analytics software. It also focuses on the identification and recoveries of improper payments made by medicare, medicaid, and commercial insurance spaces using data and analytics. The company was founded by John H. Ruiz, Frank C. Quesada, and Diana Diaz on July 8, 2014 and is headquartered in Coral Gables, FL.

Earnings data Q2 2022

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Earnings data Q4 2022

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MSP Recovery, Inc. engages in the development of healthcare recoveries and data analytics software. It also focuses on the identification and recoveries of improper payments made by Medicare, Medicaid, and commercial insurance spaces using data and analytics. The company was founded by John H. Ruiz, Frank C. Quesada, and Diana Diaz on July 8, 2014 and is headquartered in Miami, FL.

MIAMI, Nov. 12, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet,” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced that it will affect a reverse stock split of its Class A common stock at a reverse stock split ratio of 1-for-25, effective at 11:59 P.M. on November 15, 2024, in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5450(a)(1).

LifeWallet Announces Reverse Stock Split to Regain Compliance with Nasdaq's Minimum Bid Price Requirement

MIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces new comprehensive settlements totaling more than $5.9 million, continued progress in recoveries on owned claims and acquiring rights to additional claims, and advancing initiatives to eliminate wasteful spending of Medicare dollars and improve federal cost-cutting measures by reducing improper payments made by healthcare entities across the United States. Medical Device Settlement: LifeWallet entered into a confidential settlement agreement with a product manufacturer totaling $760,000.

LifeWallet Announces New Comprehensive Settlements Totaling More Than $5.9 Million, Continued Progress in Recoveries on Owned Claims and Acquiring Rights to Additional Claims, and Initiatives to Eliminate Wasteful Medicare Spending by Launching Beta Testing of Its Clearinghouse Solution, Built in Partnership with Palantir Technologies, Inc.

LifeWallet Acquires Assignment of Additional MSP Claims with an Overall Paid Amount Exceeding $10.

LifeWallet Acquires Assignment of Additional MSP Claims with an Overall Paid Amount Exceeding $10.6 billion Comprised of Over 450,000 Medicare Members and Announces it Secured a Waiver of Acceleration on a Second Loan Agreement in the Event of a Negative Going Concern

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CORAL GABLES, Fla., Sept. 08, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and Secondary Payer reimbursement recovery and technology leader, today announces an initiative to secure new agreements with health plans, providers, insurers and attorneys as it continues to make significant strides in revolutionizing healthcare reimbursement through data-driven solutions and strategic partnerships.

LifeWallet Launches Initiative to Secure New Agreements with Health Plans, Providers, Insurers and Attorneys, Continues Cost Cutting Efforts, and Announces it Secured a Waiver of Acceleration Based on a Negative Going Concern from its Largest Creditor

CORAL GABLES, Fla., Aug. 19, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces a new pharmaceutical antitrust settlement in the amount of $3.1 million.

LifeWallet Announces a New Pharmaceutical Antitrust Settlement Totaling $3.1 Million

CORAL GABLES, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces a new comprehensive settlement with another group of affiliated P&C insurers doing business in multiple states.

LifeWallet Announces New Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers and Completion of First Version of LifeWallet's Clearinghouse System Through its Exclusive Healthcare Partnership with Palantir Technologies

CORAL GABLES, Fla.--(BUSINESS WIRE)-- #MSPRecoveryLawFirm--MSP Recovery Law Firm Files Class Action on Behalf of Auto Dealers & Consumers Against CDK Global Over Data Breaches at 15,000+ Auto Dealerships.

MSP Recovery Law Firm Files National Class Action on Behalf of Auto Dealers and Consumers Against CDK Global Over Data Breaches at More Than 15,000 Auto Dealerships

CORAL GABLES, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and Secondary Payer reimbursement recovery and technology leader, today announced that it will hold its 2024 Annual Meeting of Stockholders at 10am Eastern Time on Wednesday, June 26.

LifeWallet Announces It Will Hold Its 2024 Annual Meeting of Stockholders at 10am ET on June 26, 2024

CORAL GABLES, Fla., June 10, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and Secondary Payer1 reimbursement recovery and technology leader, today announced the Eleventh Judicial Circuit Court of Florida entered an order memorializing its class certification 2 in a case against USAA Casualty Insurance Company and USAA General Indemnity Company (collectively “USAA”), utilizing LifeWallet's proprietary data analytics system, extensive knowledge of the Medicare Secondary Payer Act (“MSP Act”), and experience in healthcare reimbursement recovery.

LifeWallet's Proprietary Data System is Instrumental in Class Certification Against USAA Property and Casualty Insurance Company

MSP Recovery, Inc. (NASDAQ:LIFW ) Q1 2024 Earnings Call Transcript May 16, 2024 8:30 AM ET Company Participants Diana Diaz - Chief Communications Officer John H. Ruiz - Founder and Chief Executive Officer Francisco Rivas-Vasquez - Chief Financial Officer Operator Good day and thank you for standing by.

MSP Recovery, Inc. (LIFW) Q1 2024 Earnings Call Transcript

CORAL GABLES, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced financial results for the quarter ended March 31, 2024.

LifeWallet Announces First Quarter 2024 Financial Results

CORAL GABLES, Fla., April 18, 2024 (GLOBE NEWSWIRE) --  MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces another comprehensive settlement with a group of affiliated property and casualty insurers (“P&C Insurers”) that write personal lines of P&C insurance in multiple states.

UPDATE: LifeWallet Announces a Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers

CORAL GABLES, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces another comprehensive settlement with 10 affiliated property and casualty insurers (“P&C Insurers”) that write personal lines of P&C insurance in 15 states.

LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 States

CORAL GABLES, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, announced financial results for the fiscal year and fourth quarter ended December 31, 2023.

LifeWallet Announces Fiscal Year and Fourth Quarter 2023 Financial Results

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LifeWallet Announces a Comprehensive Settlement with 28 Affiliated Property and Casualty Insurers, Benefiting LifeWallet's Medicare Clients Across the U.S

LifeWallet Announces a Comprehensive Settlement with 28 Affiliated Property and Casualty Insurers, Benefiting LifeWallet's Medicare Clients Across the U.S.

MSP Recovery (NASDAQ: LIFW ) stock is on the rise Monday despite two instances of insider selling of the healthcare recoveries and data analytics company's shares. The first instance comes from Cano Health (NYSE: CANO ), a 10% shareholder of the company.

Why Is MSP Recovery (LIFW) Stock Up 22% Today?

CORAL GABLES, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, announced it has filed its quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2023.

LifeWallet Announces Third Quarter 2023 Financial Results

MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and secondary payer reimbursement re

LifeWallet Announces It Is In Compliance with All Applicable Nasdaq Listing Standards

Shares of MSP Recovery, which does business as LifeWallet, sank Tuesday after the company said it would enact a 1-for-25 reverse stock split.

LifeWallet shares fall 20% after 1-for-25 reverse stock split announced

CORAL GABLES, Fla., Oct. 03, 2023 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) ("LifeWallet," or the "Company"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced that it will effect a reverse stock split of its Class A common stock at a reverse stock split ratio of 1-for-25, effective at the close of trading on October 12, 2023, in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5450(a)(1).

One of the more intriguing movers in today's market has to be MSP Recovery (NASDAQ: LIFW ). Shares of the health recovery and data analytics company have surged in today's session.

Why Is MSP Recovery (LIFW) Stock Up 100% Today?

NEW YORK , Sept. 13, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Lifecore Biomedical, Inc. ("Lifecore" or the "Company") (NASDAQ: LIFW).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lifecore Biomedical, Inc. - LFCR

SAN DIEGO--(BUSINESS WIRE)--On August 23, 2023, a putative class action, Pignatelli v. MSP Recovery, Inc. f/k/a Lionheart Acquisition Corp. II., No. 23-cv-23224 (S.D. Fla.), was filed on behalf of MSP Recovery investors alleging violations of the federal securities laws. On August 28, 2023, the Pignatelli case was voluntarily dismissed. Robbins Geller Rudman & Dowd LLP hereby retracts its prior notices concerning the dismissed case. ABOUT ROBBINS GELLER: Robbins Geller is one of the world's.

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