Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 7, 2019 to file lead plaintiff applications in a securities class action lawsuit against Evolent Health, Inc. (NYSE: EVH).
Evolent and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 29, 2019, the Company revealed that it was purchasing a controlling interest in University Health Care, Inc., d/b/a Passport Health Plan, contradicting its prior statements that its strategic focus was only on servicing, not buying, health plans due to the many financial risks and challenges faced by acquiring such plans.
On this news, the price of Evolent’s shares plummeted.
If you purchased shares of Evolent and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or fill out the form on this page.
The case is Plymouth County Retirement System v. Evolent Health, Inc., 1:19cv1031. Click here to read the case complaint.