ELV Investors Have Opportunity to Lead Elevance Health, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Elevance Health, Inc. for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its Medicaid member utilization and financial guidance [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that Elevance made false and misleading statements to the market during the class period from April 18, 2024, to October 16, 2024 [2][4]. - Investors who suffered losses during this period are encouraged to participate in the class action before the deadline of July 11, 2025 [2][3]. Group 2: Company Performance Issues - Elevance experienced a significant rise in the acuity and utilization of its Medicaid members due to program redeterminations, which was not accurately reflected in its financial guidance or rate negotiations with states [4]. - The misleading public statements made by Elevance resulted in investor damages once the true situation was revealed [4].