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News  ›  GlobeNewswire Inc.

Shamis & Gentile, P.A. Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of agilon health, inc. – AGL

GlobeNewswire Inc. Logo GlobeNewswire Inc. By David Abel
Shamis & Gentile, P.A. Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of agilon health, inc. – AGL

Law firm investigating potential fiduciary duty breaches by agilon health directors and executives after the company lowered 2023 profit forecasts, citing higher medical costs and leading to a significant stock price drop.

Insights
CNTX   neutral

Mentioned as a board membership with no specific performance details


AGL   negative

Stock dropped 28.6% after lowering profit forecasts, facing allegations of misleading investors about medical costs, utilization trends, and financial risk disclosures. A securities class action lawsuit has been filed against the company and its executives.