Long-Term Investors in Humana Inc. (NYSE: HUM) should contact the Shareholders Foundation in connection with Investigation over potential Wrongdoing

An investigation was announced for current long-term investors in shares of Humana Inc. (NYSE: HUM) concerning potential breaches of fiduciary duties by certain directors of Humana Inc.

Investors who are current long term investors in Humana Inc. (NYSE: HUM) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: HUM stocks follows a lawsuit filed against Humana Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: HUM stocks, concerns whether certain Humana Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of Delaware the plaintiff alleges that, the Defendants continued to assure investors-and analysts who repeatedly inquired about potential pent-up demand for healthcare services that built-up under COVID restrictions-that "in-patient unit costs and non-in-patient trends [were] coming in lower than [the Company] initially estimated" and that"there really isn't pent-up demand that [the Company has] to be concerned about" negatively impacting utilization rates and profitability, and that Humana made several additional disclosures about its profitability and financial condition, however, Defendants continued to downplay pressures on the Company's adjusted EPS resulting from increased medical costs associated with pent-up demand for healthcare procedures (especially as COVID concerns abated) which, contrary to the Company's assurances, resulted in increased utilization rates and costs.

Those who purchased shares of Humana Inc. (NYSE: HUM) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
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.