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GOCO.US
id: 1017

GoHealth (GOCO) $29.25 Million IPO Settlement

It is still possible to file a late claim. The court will decide whether to accept late claims or not.
N.D. Illinois
Court
1:20-cv-05593
Case number
14 Jul 2020
Class period Start
10 Jan 2021
Class period End
12 Jun 2024
Claim deadline
GoHealth (GOCO) settles $29.25 million with investors to end claims over IPO in 2020.
Case Status
Accepting Late Claims
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.42
Filing date
21 September 2020
Lead Plaintiff Deadline
20 November 2020
Plaintiffs
Helen Hudson
Attorneys
Hagens Berman Sobol Shapiro LLP (Berkeley, CA), Johnson Fistel, LLP (Marietta, GA), Robbins Geller Rudman & Dowd LLP (Chicago, IL)
Defendants
Clinton P. Jones, Brandon M. Cruz, Travis J. Matthiesen
Judge
Hon. Sharon Johnson Coleman
Administrator
A.B. Data Ltd
Settlement agreement date
2024-02-27
Court hearing date
22 May 2024
Exclusion deadline
01 May 2024
Objection deadline
01 May 2024
Hearing deadline
01 May 2024
Class wide damages
$334,080,000
Trades matching type
FIFO
+$29,250,000
Cash Settlement Amount

GoHealth Inc.

GoHealth, Inc. operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learnin...

    Ticker
    GOCO.US
    ISIN
    US38046W2044
    CIK
    1808220
    Sector
    Financial Services
    Industry
    Insurance Brokers
    Country
    USA
    Address
    222 West Merchandise Mart Plaza, Chicago, IL, United States, 60654