Oak Street Health Securities Settlement
Recovery depends on the number of shares of Oak Street Health common stock purchased/acquired from August 6, 2020 through November 8, 2021, the timing of purchases and sales, and whether purchased in the IPO, December SPO, or February SPO. See the Plan of Allocation for details on actual per-share amounts.
This settlement is closed to new claims — the deadline was November 21, 2024. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Oak Street Health allegedly made false and misleading statements and omissions to investors concerning the company's patient acquisition tactics, including paying for referrals and marketing free transportation to prospective patients, in violation of the Securities Act of 1933 and Securities Exchange Act of 1934. The defendants have agreed to settle for $60 million without admitting wrongdoing.
Do you qualify?
All persons and entities who purchased or acquired publicly traded common stock of Oak Street Health from August 6, 2020 through November 8, 2021, including those who purchased shares in the August 2020 IPO, December 2020 secondary public offering, or February 2021 secondary public offering. Excluded are defendants, their immediate family, officers/directors of Oak Street Health GA, Newlight, or Humana Inc., persons with controlling interests held by defendants, and those who timely requested exclusion.
How to file
Submit a Claim Form to the Claims Administrator at JND Legal Administration, PO Box 91060, Seattle, WA 98111, or contact 1-877-753-2587 or info@OakStreetHealthSecuritiesSettlement.com. The claim deadline has passed (November 21, 2024). You must provide documentation of your shares purchased during the class period.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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