Oscar Health, Inc. Class Action Lawsuit - OSCR

Company
Oscar Health, Inc. (NYSE: OSCR)
Lead Plaintiff Deadline
July 11, 2022 (Expired)
Class Definition
Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s March 2021 initial public offering

Expired

Lead Plaintiff Deadline

Jul 11, 2022

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Allegations

(1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant SEP membership growth; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the OSCR class action lawsuit, you must have incurred a loss on shares of Oscar purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Oscar during the relevant time frame, you have until July 11, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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