agilon health, inc. Investors

May 20, 2024 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP

The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against agilon health, inc. (NYSE: AGL) (“agilon” or the “Company”). This action, captioned Hope v. agilon health, inc., et al., Case No. 1:24-cv-00305, was filed in the United States District Court for the Western District of Texas and expanded the class period which was pled in a first-filed case in that same Court. After the Hope action was filed, another case was filed against agilon in another Court, the United States District Court for the Southern District of New York, which even further expanded the class period as pled in the Hope action as that case is brought on behalf of investors who purchased or acquired agilon common stock between April 15, 2021, and February 27, 2024, inclusive (the “Class Period”).

Important Deadline Reminder: The first-filed action in the Western District of Texas issued a notice of its filing pursuant to the federal securities laws which triggered the deadline of May 20, 2024, for any investors who purchased agilon common stock to seek to be appointed as a lead plaintiff representative of the class. The filing of the Hope Action does not change the May 20, 2024, lead plaintiff deadline.

CLICK HERE TO SUBMIT YOUR AGILON LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/agilon-health-inc?utm_source=PR&utm ...

CANNOT VIEW THIS VIDEO? PLEASE CLICK HERE. YOU CAN ALSO CLICK ON THE FOLLOWING LINK TO COPY AND PASTE IN YOUR BROWSER: https://youtu.be/PB_vrMuHE7w

LEAD PLAINTIFF DEADLINE: MAY 20, 2024

CLASS PERIOD: APRIL 15, 2021, THROUGH FEBRUARY 27, 2024

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
Jonathan Naji, Esq. [phone] or Email at [e-mail]

DEFENDANTS’ MISCONDUCT

agilon is a healthcare and technology company that acts as an intermediary between physician groups that provide medical services to senior citizens and Medicare and Medicare Advantage insurers. One of agilon’s key financial metrics is “medical margin,” which the Company defines as medical services revenue less medical services expenses.

The Class Period begins on April 15, 2021, which is the day after the Registration Statement was declared effective by the SEC and the first day agilon shares were publicly traded in connection with the IPO.

Throughout the Class Period, Defendants repeatedly touted the strength of agilon’s medical margin. Additionally, Defendants downplayed the significant cost pressures on the Company’s medical margin and profitability. For example, on June 7, 2023, just days before other health insurers such as UnitedHealth Group Inc. and Humana Inc. reported significant increases in medical costs, Defendant Bensley, speaking at an analyst-sponsored healthcare conference, reported that Defendants “expect this year to generate somewhere around $550 million of medical margin,” noting that the Company has seen “steady progress on medical margin upwards.”