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home / news releases / ALHC - Alignment Healthcare Inc. (ALHC) Investigation: Bronstein Gewirtz & Grossman LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings


ALHC - Alignment Healthcare Inc. (ALHC) Investigation: Bronstein Gewirtz & Grossman LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / February 29, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Alignment Healthcare, Inc. ("Alignment" or "the Company") (NASDAQ:ALHC). Investors who purchased Alignment securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ALHC.

Investigation Details:

On or around March 29, 2021, Alignment conducted its initial public offering ("IPO"), selling 27.2 million shares of common stock priced at $18.00 per share. Then, on February 27, 2024, Alignment issued a press release reporting its fourth quarter and full-year 2023 financial results. Among other items, Alignment reported earnings per share of -$0.25, missing consensus estimates by $0.03. On this news, Alignment's stock price fell $1.26 per share, or 18.21%, to close at $5.66 per share on February 28, 2024.

What's Next?

If you are aware of any facts relating to this investigation or purchased Alignment securities, you can assist this investigation by visiting the firm's site: bgandg.com/ALHC. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View the original press release on accesswire.com

Stock Information

Company Name: Alignment Healthcare Inc.
Stock Symbol: ALHC
Market: NASDAQ
Website: alignmenthealthcare.com

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