According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements as well as failed to disclose material adverse facts about Humana’s business and operations. Specifically, defendants downplayed pressures on Humana’s adjusted earnings per share (“EPS”) resulting from increased medical costs associated with pent-up demand for healthcare procedures (especially as COVID concerns abated) which, contrary to Humana’s assurances, resulted in increased utilization rates and costs.
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.
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