NEW YORK, Jan. 26, 2022 /PRNewswire/ -- The Gross Law
Firm, securities class action litigators, issues the following
notice to shareholders of Bright Health Group, Inc.:
Shareholders who purchased or otherwise acquired: (a)
Bright Health common stock pursuant and/or traceable to
documents issued in connection with the Company's initial public
offering conducted on or about June 24,
2021; and/or (b) Bright Health securities between
June 24, 2021 and November 10, 2021 are encouraged to contact
the firm regarding possible lead plaintiff appointment. Appointment
as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/bright-health-group-inc-loss-submission-form/?id=22543&from=4
ALLEGATIONS: The complaint alleges that during the
class period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) Bright Health had
overstated its post-IPO business and financial prospects; (ii) the
Company was ill-equipped to handle the impact of COVID-19-related
costs; (iii) the Company was experiencing a decline in premium
revenue because of a failure to capture risk adjustment on newly
added lives; (iv) all the foregoing was reasonably likely to have a
material negative impact on Bright Health's business and financial
condition; and (v) as a result, the documents issued in connection
with the IPO and Defendants' public statements throughout the class
period were materially false and/or misleading and failed to state
information required to be stated therein.
DEADLINE MARCH 7,
2022 Shareholders should not delay in registering
for this class action. Register your information here:
https://securitiesclasslaw.com/securities/bright-health-group-inc-loss-submission-form/?id=22543&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of BHG during the timeframe listed
above, you will be enrolled in a portfolio monitoring software to
provide you with status updates throughout the lifecycle of the
case. There is no cost or obligation to you to participate in this
case.
WHY GROSS LAW FIRM? The Gross Law Firm's mission is to
protect the rights of all investors who have suffered as the result
of deceit, fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. Our
team puts in the work to get the maximum recovery on behalf of
investors. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm