Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.
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On May 13, 2021, Oscar Health published its first quarter 2021 financial results, revealing a $87.4 million loss, which fell well below analysts’ expectations. On this news, the price of the Company’s stock declined, closing at $20.51 per share, or over 47% below the Offering Price.
If you purchased or otherwise own Oscar Health stock, and you wish to discuss this investigation, please contact attorney Jonathan Zimmerman at (888) 398-9312, or at firstname.lastname@example.org, or visit the Oscar Health investigation page on our website at https://scott-scott.com/investigation/oscar-health-inc/.
On or about March 3, 2021, Oscar Health went public issuing over 37 million shares of Class A common stock at $39 per share (the “Offering Price”), generating gross proceeds in excess of $1.44 billion.
The News Highlights
- Scott + Scott Attorneys at Law LLP Announces Investigation into Oscar Health, Inc. (OSCR)
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