NEW YORK, Aug. 27, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against GoHealth, Inc. (NASDAQ: GOCO) on behalf of GoHealth stockholders. Our investigation concerns whether GoHealth has violated the federal securities laws and/or engaged in other unlawful business practices.
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On or about July 15, 2019, GoHealth sold about 43.5 million shares of stock in its initial public stock offering (the “IPO”), at $21.00 per share raising nearly $914 million in new capital.
On August 19, 2020, GoHealth, in its first quarterly earnings report following the IPO, GoHealth announced that it incurred a 2Q net loss of $22.9 million, after posting net income of $15.3 million in the prior-year period.
On August 21, 2020, the stock closed at $15.97 per share.
If you purchased or otherwise acquired GoHealth shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato or Marion Passmore by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
