HUM - HUMANA ALERT: Bragar Eagel & Squire P.C. Announces that a Class Action Lawsuit Has Been Filed Against Humana Inc. and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Humana Inc. ("Humana" or the "Company") (NYSE:HUM) in the United States District Court for the District of Delaware on behalf of all persons and entities who purchased or otherwise acquired Humana common stock between July 27, 2022, and January 24, 2024, both dates inclusive (the "Class Period"). Investors have until August 2, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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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 ...