HUM - HUM INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Humana Inc. Investors with Substantial Losses Have Opportunity to Lead the Humana Class Action Lawsuit | Benzinga
SAN DIEGO, June 03, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the Humana class action lawsuit seeks to represent purchasers or acquirers of Humana Inc. (NYSE:HUM) common stock between July 27, 2022 and January 24, 2024, inclusive (the "Class Period"). Captioned Iron Workers Local 401 Annuity Fund v. Humana Inc., No. 24-cv-00655 (D. Del.), the Humana class action lawsuit charges Humana and certain of Humana's top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Humana class action lawsuit, please provide your information here:
https://www.rgrdlaw.com/cases-humana-inc-class-action-lawsuit-hum.html
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.
CASE ALLEGATIONS: Humana is a health insurance company that provides medical benefit plans to members.
The Humana class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that defendants downplayed pressures on Humana's adjusted earnings-per-share resulting from increased medical costs associated with pent-up demand for healthcare procedures (especially as COVID concerns abated) which, contrary to Humana's assurances, resulted in increased utilization rates and costs.
The Humana class action lawsuit further alleges that on June 13, 2023, UnitedHealth Group Inc., one of Humana's principal health insurer competitors, revealed that ...