new orleans, April 13, 2024 /PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF Partners, former Attorney General louisiana, Charles C. Foti Jr.We remind investors that there is a deadline until . May 20, 2024 Filed as lead plaintiff in a securities class action lawsuit against agilon health, inc. (“agilon” or the “Company”) (NYSE: AGL), if: i) purchased or acquired shares in the Company between: April 15, 2021 and February 27, 2024and/or ii) purchased or acquired shares in our company pursuant to or in a manner traceable to our shares. April 2021 an initial public offering (“IPO”), and/or iii) purchase or otherwise acquire shares of our company pursuant to or in a manner traceable to our shares; May 2023 Secondary Public Offering (“SPO”).These actions are pending US Western District District Court texas and southern area new york.
what you can do
If you have purchased or acquired Agilon stock as described above and would like to discuss your legal rights and how these lawsuits may affect you, as well as your right to recover any economic losses, please contact us without obligation or expense. Please contact KSF Managing Partner instead. Lewis Kahn toll free 1-877-515-1850 or email ([email protected]), please visit https://www.ksfcounsel.com/cases/nyse-agl/ for more information. If you wish to act as lead plaintiff in a class action lawsuit, you must petition the court in the following ways: May 20, 2024.
About the lawsuit
Agilon and certain of its executives have been charged with failing to disclose material information during the Class Period in violation of federal securities laws.
upon January 5, 2024the company announced that it has revised down its profit forecast for 2023, specifically lowering its medical profit forecast for 2023 to .$340 million to $360 millionabout $110 million Below the previous teaching range…Reason $90 million “We are experiencing higher-than-expected medical costs,” the chief financial officer said. timothy bensley He was scheduled to retire and be replaced by the end of the year.
Following this news, the price of Agilon's stock fell. $3.45or 28.6%, ends with $8.63 upon January 5, 2024.
The first case filed was New England Teamsters Pension Fund vs. Agilon Health, Inc. 24-cv-00297. The second case is Hope v. agilon health, inc. 24-cv-00305, class period has been extended. The third case is Indiana Public Retirement System vs. agilon health, inc. 24-cv-2506, expanded class duration and class definition.
About Kahn Swick & Foti LLC
KSF, whose partners include louisiana attorney general Charles C. Foti Jr.is one of the nation's leading boutique securities litigation law firms. KSF serves a variety of clients, including public sector investors, hedge funds, asset managers, and individual investors seeking to recover investment losses incurred by companies. scam or fraud by a listed company. KSF has offices at new york, Delaware, California, louisiana and new jersey.
For more information about KSF, please visit www.ksfcounsel.com.
contact:
Kahn Swick & Foti LLC
Louis Kahnexecutive employee
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
new orleans louisiana 70163
SOURCE Kahn Swick & Foti, LLC
