John H. Ruiz of MSP Recovery in Coral Gables. Courtesy photo Miami Lawyer John Ruiz's LifeWallet Loses $3.1B in Value After Accounting Errors Fixed
The assets of the Medicare recovery firm-turned-health care data company are worth half as much as the company previously reported due to accounting errors in the May 2022 de-SPAC, a Thursday financial statement indicated.
July 27, 2023 at 04:36 PM
4 minute read
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While insurance recovery firm-turned-health care data company LifeWallet's stock price continues to tumble on the Nasdaq, the company's book value was slashed in half in a Thursday annual report that restated the company's 2022 financials.
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