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SAN FRANCISCO, March 06, 2022 (GLOBE NEWSWIRE) — Hagens Berman urges Bright Health Group, Inc. (NYSE:BHG) investors with significant losses to submit your losses now.
Class Period: June 21, 2021 – Nov. 10, 2021
Lead Plaintiff Deadline: Mar. 7, 2022
Visit: www.hbsslaw.com/investor-fraud/BHG
Contact An Attorney Now: BHG@hbsslaw.com
844-916-0895
Bright Health Group, Inc. (BHG) Securities Class Action:
The complaint alleges that Bright Health, senior executives and other responsible parties made false and misleading statements during and after the company’s June 2021 initial public offering about the adaptability of the company’s so-called “alignment” business model to continue to deliver improved medical cost ratios (“MCR”), a key metric dependent on capturing certain premium revenues.
Specifically, Defendants misrepresented and failed to disclose that Bright Health (1) overstated the company’s post-IPO financial prospects in its offering documents, (2) was …
Full story available on Benzinga.com
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