NYSE: AGL

agilon health, inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of agilon health, inc. (NYSE: AGL): (i) pursuant and/or traceable to the offering documents issued in connection with the Company’s May 2023 secondary public offering (the “SPO” or “Offering”); and/or (ii) between January 9, 2023 and January 4, 2024, both dates inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than May 20, 2024.

If you purchased agilon securities and would like to join the action, please click “Join This Class Action.”

Class Period:Pursuant and/or traceable to the offering documents issued in connection with the Company’s May 2023 SPO and/or between January 9, 2023 and January 4, 2024

Deadline:

25 Days
If you purchased agilon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, throughout the Class Period and in the SPO Materials, defendants misled investors about agilon’s medical costs by:

  • touting agilon’s purported visibility into utilization trends and medical costs;
  • failing to disclose increased medical costs that agilon had incurred prior to and during the Class Period due to higher utilization of healthcare by Medicare Avantage (“MA”) patients;
  • falsely stating that its accounting reserves for higher-than-expected medical costs were adequate;
  • making false and misleading statements about the effectiveness of its business model;
  • issuing overly optimistic financial guidance; and
  • issuing risk disclosures that were materially false and misleading because they characterized adverse facts that had already materialized as mere possibilities.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: agilon health, inc.
Stock Symbol: AGL
Class Period: Pursuant and/or traceable to the offering documents issued in connection with the Company’s May 2023 SPO and/or between January 9, 2023 and January 4, 2024
Court: United States District Court for the Western District of Texas

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