NYSE: OSH

Oak Street Health, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Oak Street Health, Inc. (NYSE: OSH) between August 6, 2020 and November 8, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 14, 2022.

If you purchased Oak Street Health securities between August 6, 2020 and November 8, 2021 and would like to join the action, please click “Join This Class Action.”

Class Period:August 6, 2020 through November 8, 2021
If you purchased Oak Street securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • Oak Street Health maintained relationships with third-party marketing agents likely to provoke law enforcement scrutiny;
  • Oak Street Health was providing free transportation to federal health care beneficiaries in a manner that would provoke law enforcement scrutiny;
  • these activities may be violations of the False Claims Act;
  • as such, Oak Street Health was at heightened risk of investigation by the U.S. Department of Justice (“DOJ”) and/or other federal law enforcement agencies;
  • as a result, Oak Street Health was subject to adverse impacts related to defense and settlement costs and diversion of management resources; and
  • as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Oak Street Health, Inc.
Stock Symbol: OSH
Class Period: August 6, 2020 through November 8, 2021
Court: United States District Court for the Northern District of Illinois

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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