LOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) -- Investors can contact the law firm at no cost to learn more about recovering their losses
The Portnoy Law Firm advises agilon health, inc. (NYSE: AGL). investors that a lawsuit was filed on behalf of investors that purchased agilon securities between April 15, 2021 and February 27, 2024, inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit claims that during the class period, Defendants made materially false and misleading statements and failed to disclose that: (1) they exaggerated the Company's insight into utilization trends and medical costs; (2) they did not reveal the increased medical expenses Agilon had faced prior to and during the class period, which resulted from higher healthcare use by MA patients; (3) they inaccurately claimed that their incurred-but-not-reported reserve was sufficient; (4) they provided false and misleading assertions regarding the effectiveness of their business model; (5) they issued excessively positive financial projections; and (6) they presented risk disclosures that were materially misleading as they depicted adverse facts that had already occurred as mere potential risks.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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