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Los Angeles, California--(Newsfile Corp. - March 28, 2024) - The Schall Law
Firm (https://api.newsfilecorp.com/redirect/gO2J3Ux8Dn), a national
shareholder rights litigation firm, reminds investors of a class action
lawsuit against agilon health, inc. ("agilon" or "the Company") (NYSE: AGL)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934
and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange
Commission.
Investors who purchased the Company's securities between January 9, 2023 and
January 4, 2024, inclusive (the "Class Period"), or purchased or otherwise
acquired agilon common stock pursuant, or traceable to materials issued in
connection with the Company's secondary public offering (the "SPO Materials")
that occurred on or about May 16, 2023.are encouraged to contact the firm
before May 20, 2024.
If you are a shareholder who suffered a loss, click here to participate
(https://api.newsfilecorp.com/redirect/pEAp2tRXQM).
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049
Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to
discuss your rights free of charge. You can also reach us through the firm's
website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification
occurs, you are not represented by an attorney. If you choose to take no
action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements
to the market. The Company's purported visibility into medical costs and
utilization costs was touted by agilon's management team. The Company failed
to disclose the increased medical costs it had incurred due to higher
utilization by Healthcare MA patients. The Company falsely stated its
accounting reserves for higher utilization were adequate for its needs. The
Company issued overly optimistic guidance for financial performance. Based on
these facts, the Company's public statements were false and materially
misleading throughout the class period. When the market learned the truth
about agilon, investors suffered damages.
Join the case (https://api.newsfilecorp.com/redirect/0Vmp2fEPWK) to recover
your losses.
The Schall Law Firm represents investors around the world and specializes in
securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE:
The Schall Law Firm
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/203422