BHG - BRIGHT HEALTH ALERT: Bragar Eagel & Squire P.C. is Investigating Bright Health Group Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Bright Health Group, Inc. (NYSE:BHG) on behalf of long-term stockholders following a class action complaint that was filed against Bright Health on January 6, 2022 with a Class Period from June 21, 2021 to March 1, 2022. Our investigation concerns whether the board of directors of Bright Health have breached their fiduciary duties to the company.
The filed complaint alleges that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) Bright Health had overstated its ...