BOSTON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Agilon Health, Inc. (NYSE: AGL) for potential securities law violations. Investors who have lost money in their Agilon Health investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/agl.
What is this all about?
Before the market opened on January 5, 2024, Agilon Health announced it had reduced its guidance for fiscal year 2024, citing higher than expected costs. Additionally, Agilon Health announced that its Chief Financial Officer would be retiring in 2024. Noted short-seller Citron Research said today that its “radar was spot-on in 2022, catching onto the clear signs of management manipulation. Insider selling of 87 million shares in a secondary offering at $21.5 just 8 months ago raises serious questions.”
Shares of Agilon are down over 32% in intraday trading on January 5, 2024.
Who is eligible?
Anyone who purchased Agilon Health common stock and has lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.
What is Block & Leviton doing?
Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.
What should you do next?
If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at cases@blockleviton.com, or by phone at (617) 398-5600.
Why should you contact Block & Leviton?
Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website, www.blockleviton.com, or call (617) 398-5600 or email cases@blockleviton.com with any questions.
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CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: cases@blockleviton.com
SOURCE: Block & Leviton LLP
www.blockleviton.com
