SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Bright Health Group, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 7, 2022 - (BHG)

Key Facts

• NEW YORK, Jan. 26, 2022 /PRNewswire/ -- The Gross Law Firm, securities class action litigators, issues the following notice to shareholders of Bright Health Group, Inc.: Shareholders who purchased or otherwise acquired: (a) Bright Health common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about June 24, 2021; and/or (b) Bright Health securities between June 24, 2021 and November 10, 2021 are encouraged to contact the firm regarding possible lead plaintiff appointment.
• CONTACT US HERE: https://securitiesclasslaw.com/securities/bright-health-group-inc-loss-submission-form/?id=22543&from=4 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Bright Health had overstated its post-IPO business and financial prospects; (ii) the Company was ill-equipped to handle the impact of COVID-19-related costs; (iii) the Company was experiencing a decline in premium revenue because of a failure to capture risk adjustment on newly added lives; (iv) all the foregoing was reasonably likely to have a material negative impact on Bright Health's business and financial condition; and (v) as a result, the documents issued in connection with the IPO and Defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
• Register your information here: https://securitiesclasslaw.com/securities/bright-health-group-inc-loss-submission-form/?id=22543&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of BHG during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case.
• The Gross Law Firm's mission is to protect the rights of all investors who have suffered as the result of deceit, fraud, and illegal business practices.

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