SAN DIEGO & CHICAGO--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP is investigating whether certain officers and directors of GoHealth, Inc. (NASDAQ: GOCO) breached their fiduciary duties to shareholders, misled the market, or violated federal securities laws in connection with its initial public offering ("IPO"). GoHealth operates a health insurance marketplace to enhance access to healthcare in the U.S.
If you have suffered a loss due to GoHealth's misconduct, click here.
GoHealth conducted its IPO on July 15, 2020, selling approximately 43.5 million shares for $21.00 per share raising nearly $914 million. On August 21, 2020, GoHealth reported its first quarterly earnings since its IPO, announcing a net loss of $22.9 million in the second quarter compared to net income of $15.3 million in the prior-year period. On August 26, 2020, GoHealth opened at $14.49, a 30% decline from its IPO price.
GoHealth, Inc. (GOCO) Shareholders Have Legal Options
Contact us to learn more:
Lauren Levi
(800) 350-6003
llevi@robbinsllp.com
Shareholder Information Form
Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against GoHealth, Inc. settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today.
Attorney Advertising. Past results do not guarantee a similar outcome.
