Deadline on July 11th coming up in Lawsuit for Investors in Oscar Health, Inc. (NYSE: OSCR)

A deadline is coming up on July 11, 2022 in the lawsuit filed for certain investors of Oscar Health, Inc. (NYSE: OSCR) over alleged securities laws violations by Oscar Health, Inc.

Investors who purchased shares of Oscar Health, Inc. (NYSE: OSCR) have certain options and there are strict and short deadlines running. Deadline: July 11, 2022. NYSE: OSCR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Oscar Health, Inc. (NYSE: OSCR) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement was materially false and misleading and omitted to state that Oscar was experiencing growing COVID-19 testing and treatment costs, that Oscar was experiencing growing net COVID costs, that Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020, that Oscar was on track to be negatively impacted by significant SEP membership growth, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Oscar Health, Inc. (NYSE: OSCR) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.