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EVH.US
id: 291, Created by Stan Vick Chase, Scout

Evolent Health Inc

Settled
10 January 2018
Class period Start
28 May 2019
Class period End
16 December 2022
Claim deadline
Plymouth County Retirement System and Oklahoma Police Pension and Retirement System v. Evolent Health, Inc., et al.
"The TAC alleged, among other things, that throughout the Settlement Class Period (as defined below), Defendants made false and misleading statements regarding the partnership between Evolent, a provider of technology-enable clinical and administrative services to health systems, and Passport, including: (1) statements about Evolent’s purported cost savings for
Passport; (2) statements that Evolent was providing services to Passport “at cost” or at a lower cost compared to prior periods; (3) statements that Evolent did not intend to purchase an ownership stake in Passport or its assets; and (4) statements that Evolent believed that Passport’s financial condition was improving. The TAC asserted that Defendants’ alleged materially false and misleading statements and omissions artificially inflated Evolent’s common stock price during the Settlement Class Period and that Evolent’s common stock price declined substantially when the truth regarding Defendants’ alleged misrepresentations was revealed."
Alleged Offence
Other
Suspected Party
Other
Security Type
Stocks
Trade Direction
Long
Lead plaintiff
Plymouth County Retirement System and Oklahoma Police Pension, Retirement System
Attorney
Saxena White P.A
Court
Eastern District of Virginia
Judge
Hon. Michael S. Nachmanoff
Administrator
A.B. Data Ltd
Court hearing date
18 November 2022
+$23,500,000
Total Settlement Amount
Created by Stan Vick Chase, Scout

Evolent Health Inc

Evolent Health, Inc., a healthcare company, through its subsidiary, Evolent Health LLC, offers clinical and administrative solutions to payers and providers in the United States. The company operat...

    Ticker
    EVH.US
    ISIN
    US30050B1017
    CIK
    1628908
    Sector
    Healthcare
    Industry
    Health Information Services
    Country
    USA
    Address
    800 North Glebe Road, Arlington, VA, United States, 22203