Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Elevance Health, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The class action lawsuit pertains to allegations that Elevance Health made false or misleading statements regarding the impact of Medicaid redetermination on its financial guidance and cost trends [4]. - The lawsuit claims that Elevance misrepresented the adequacy of premium rates negotiated with states, failing to disclose the rising acuity and utilization of Medicaid members [4]. - Investors are encouraged to join the class action by contacting Rosen Law Firm, with a lead plaintiff application deadline set for July 11, 2025 [2][5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors [3]. - Founding partner Laurence Rosen has received recognition as a leading figure in the plaintiffs' bar, further establishing the firm's credibility [3].
ROSEN, A HIGHLY RANKED LAW FIRM, Encourages Elevance Health, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ELV