Shareholders Sue Humana for Alleged Misleading Financial Forecasts Amidst Stock Plunge
LOUISVILLE, Ky. — A recent class action lawsuit targets Humana Inc., one of America’s leading health insurance providers, alleging that the company misled investors about its financial health and business operations. Filed on June 3, 2024, the suit claims that Humana’s misleading statements led shareholders to purchase stock at inflated prices between July 27, 2022, and January 24, 2024. Investors who acquired shares during this period are now seeking damages, claiming they have suffered significant financial losses following disclosures of higher-than-expected medical costs. The lawsuit opens participation to any affected shareholder looking to recover their … Read more