NEW YORK, NY / ACCESSWIRE / May 24, 2024 / UnitedHealth Group Incorporated (NYSE:UNH)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information that: (i) throughout the Relevant Period, UnitedHealth repeatedly assured investors that it had taken steps to avoid anti-competitive behavior, including by setting up "robust firewall processes" to prevent customer sensitive information ("CSI") from being shared between UnitedHealthcare and Optum after the merger; and (ii) the Company's assurances artificially inflated the price of UnitedHealth's common stock during the Relevant Period.
If you are an UNH investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Vestis Corporation (NYSE:VSTS)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information that: (i) Aramark had historically underinvested in the business that became Vestis; (ii) Vestis operated with outdated facilities and an underperforming sales force; (iii) Vestis' outdated facilities and underperforming sales force led to "service gaps" that had impeded the Company's levers of growth and had resulted in customer attrition; and (iv) as a result of the above, the Company's statements about Vestis' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you are a VSTS investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Teladoc Health, Inc. (NYSE:TDOC)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information that: (i) the Company continued to expand its marketing spend throughout 2023, despite public assurances of that it would pull back its advertising spending; (ii) increased marketing spend on BetterHelp, an online mental health counseling service offered by Teladoc, deteriorated the Company's revenue, with little return for that investment; (iii) despite the Company's acknowledgment that increased advertising spend would be marginally inefficient due to market saturation, it continued to grow its advertising spend in the BetterHelp business; and (iv) despite public statements that there remained "a long runway" for BetterHelp membership growth, BetterHelp's membership stagnated and then decreased in 2023, due to market saturation, largely due to BetterHelp's own marketing.
If you are a TDOC investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Lincoln National Corporation (NYSE:LNC)
Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose material information that: (i) the Company was experiencing a decline in its variable universal life insurance ("VUL") business; (ii) the goodwill associated with the life insurance business was overstated; (iii) the Company's policy lapse assumptions were outdated; (iv) the Company's reserves were overstated; (v) the Company's reported financial results and financial statements were misstated; and (vi) as a result of the foregoing, the Company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you are a LNC investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email:info@lifshitzlaw.com
SOURCE: Lifshitz Law PLLC
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