SHCR - SHCR INVESTOR ALERT: Bronstein Gewirtz & Grossman LLC Announces that Sharecare Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit | Benzinga
NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sharecare Inc. ("Sharecare" or "the Company") (NASDAQ:SHCR) and certain of its officers.
Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sharecare securities between May 10, 2023 and March 28, 2024, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/SHCR.
Case Details:
According to the Complaint, in 2010 Sharecare launched an online health and wellness platform designed to help people, patients, providers, employers, health plans, government organizations, and communities connect to health management tools to drive engagement, sustain participation, increase satisfaction, reduce costs, and improve outcomes.
The Complaint alleges that throughout the Class Period Sharecare made materially false and/or misleading statements because the Company misrepresented and failed to disclose the following adverse facts pertaining to the Company's business, operations, and prospects, which were known to Defendants or recklessly disregarded by them. ...