INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Humana Inc. and Advises Investors with Losses to Contact the Firm
October 14 2016 - 1:01PM
Business Wire
Goldberg Law PC announces that it is investigating Humana Inc.
(“Humana” or the “Company”) (NYSE: HUM) concerning possible
violations of federal securities laws.
If you purchased or otherwise acquired Humana shares and would
like more information regarding the investigation, we advise you to
contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999
Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
This investigation concerns whether Humana and certain of its
officers and/or directors violated federal securities laws.
According to the Centers for Medicare and Medicaid Services, the
percentage of Humana’s membership in four-stars-rated plans or
higher fell to roughly 37% in July from 78% the previous
year. On October 12, 2016, Humana advised investors that the
downgrade of its Medicare star-quality rating could lower its
federal reimbursements. The Company stated that it will try “to
mitigate any potential negative impact of these published ratings
on star bonus revenues for 2018,” including seeking reconsideration
of certain ratings, and that the Company believes the decline stems
from a recently finished program audit by the Centers for Medicare
and Medicaid Services. When this news was announced, shares of
Humana dropped in value.
If you have any questions concerning your legal rights, please
immediately contact Goldberg Law PC at 800-977-7401, or visit our
website at http://www.Goldberglawpc.com, or email us at
info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161014005714/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comhttp://www.Goldberglawpc.com
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