Freedom Care Group Holdings Limited (AU:FCG) has released an update.
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Freedom Care Group Holdings Limited’s subsidiary, Freedom Care Group Pty Ltd, is facing potential revocation and a banning order from the NDIS Quality and Safeguards Commission after receiving notices of alleged misconduct. These preliminary findings have led to a suspension of payments, affecting a significant portion of the company’s revenue. The company is preparing a robust defense to address these concerns and is committed to resolving the issue.
For further insights into AU:FCG stock, check out TipRanks’ Stock Analysis page.
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