NYSE:AGL Lawsuit Update: Investors Who Lost Money With Shares of Agilon Health, Inc. (NYSE:AGL) Should Contact the Shareholders Foundation

SAN DIEGO, CA, August 19, 2024 (Newswire.com) - The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in agilon health, inc. (NYSE: AGL) shares. NYSE: AGL investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in agilon health, inc. (NYSE:AGL) shares.

Investors who purchased shares of agilon health, inc. (NYSE: AGL UNH) and continue to hold any of those NYSE: AGL shares have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On March 19, 2024, a NYSE: AGL investor filed a lawsuit against agilon health, inc. over alleged securities laws violations. The plaintiff alleged that the defendants misled investors about agilon's medical costs by: (1) touting the Company's purported visibility into utilization trends and medical costs; (2) failing to disclose increased medical costs that agilon had incurred prior to and during the Class Period due to higher utilization of healthcare by MA patients; (3) falsely stating that its IBNR Reserve was adequate; (4) making false and misleading statements about the effectiveness of its business model; (5) issuing overly optimistic financial guidance; and (6) issuing risk disclosures that were materially false and misleading because they characterized adverse facts that had already materialized as mere possibilities.

On June 06, 2024, the court consolidated multiple filed cases and appointed a lead plaintiff and lead counsel.

Those who purchased shares of agilon health, inc. (NYSE: AGL) should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
[email protected]
858-779-1554

SOURCE: Shareholders Foundation, Inc

Source: Shareholders Foundation, Inc.