AGILON HEALTH SHAREHOLDER ALERT FROM FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses Exceeding $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against agilon Health, Inc.

NEW ORLEANS, May 10, 2024 /PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF Partner, former Attorney General of Louisiana, Charles C. Foti, Jr.remind investors that they have until then May 20, 2024 Filing lead plaintiff motions in a securities class action lawsuit against Agilon Health, Inc. (“agilon” or the “Company”) (NYSE: AGL) if they: i) purchased or otherwise acquired the Company’s shares April 15, 2021 And February 27, 2024including (the “Class Period”), and/or ii) purchased or otherwise acquired the shares of the Company pursuant to or consequent to the shares of the Company April 2021 Initial Public Offering (“IPO”) and/or iii) purchased or otherwise acquired the shares of the Company pursuant to or verifiably with the shares of the Company May 2023 Secondary Public Offering (“SPO”). These measures are still pending The United States District Courts for the Western District Texas and Southern District new York.

What you can do

If you have purchased or otherwise acquired shares in agilon as above and would like to discuss your legal rights and the possible impact of these cases on you and your right to compensation for your economic loss, you can contact the managing partner of agilon without obligation and at no cost to you KSF contact Lewis Kahn toll-free at 1-877-515-1850 or email ((email protected)) or visit https://www.ksfcounsel.com/cases/nyse-agl/ to learn more. If you wish to serve as lead plaintiff in the class action lawsuits, you must petition the courts May 20, 2024.

About the complaints

Agilon and certain of its executives are accused of failing to disclose material information during the Class Period, thereby violating federal securities laws.

At January 5, 2024The company announced that it cut its 2023 profit forecasts, specifically lowering its 2023 medical margin forecast to “340 million dollars To 360 million dollarsapproximately 110 million dollars below the previous forecast range…due to 90 million dollars cause higher than expected medical costs” and that its CFO, Timothy Bensley would be retired and replaced later in the year.

Due to this news, the price of agilon shares fell $3.45or 28.6% to close $8.63 At January 5, 2024.

The first case filed is New England Teamsters Pension Fund v. agilon Health, Inc., 24-cv-00297. A second case, Hope v. Agilon Health, Inc., 24-cv-00305, extended instruction time. A third case, Indiana Public Retirement System v. agilon Health, Inc., 24-cv-2506, Extended Class Period and Class Definition.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr.is one of the nation’s leading boutique securities litigation firms. KSF serves a variety of clients – including public institutional investors, hedge funds, asset managers and retail investors – in obtaining compensation for investment losses caused by companies Fraud or misconduct by listed companies. KSF has offices in new York, Delaware, California, Louisiana And New Jersey.

To learn more about KSF, visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis KahnManaging Partner
(email protected)
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC