U.S. markets closed
  • S&P Futures

    4,121.50
    +1.25 (+0.03%)
     
  • Dow Futures

    33,656.00
    +25.00 (+0.07%)
     
  • Nasdaq Futures

    13,817.25
    +8.50 (+0.06%)
     
  • Russell 2000 Futures

    2,228.70
    -1.90 (-0.09%)
     
  • Crude Oil

    60.03
    +0.33 (+0.55%)
     
  • Gold

    1,733.70
    +1.00 (+0.06%)
     
  • Silver

    24.89
    +0.02 (+0.09%)
     
  • EUR/USD

    1.1899
    -0.0018 (-0.15%)
     
  • 10-Yr Bond

    1.6750
    +0.0090 (+0.54%)
     
  • Vix

    16.91
    +0.22 (+1.32%)
     
  • GBP/USD

    1.3736
    -0.0006 (-0.04%)
     
  • USD/JPY

    109.6500
    +0.2740 (+0.25%)
     
  • BTC-USD

    60,629.10
    +793.04 (+1.33%)
     
  • CMC Crypto 200

    1,296.57
    +1.99 (+0.15%)
     
  • FTSE 100

    6,889.12
    -26.63 (-0.39%)
     
  • Nikkei 225

    29,848.41
    +309.68 (+1.05%)
     

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of GOCO, GLNG and GTX

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·4 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

NEW YORK, NY / ACCESSWIRE / November 20, 2020 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

GoHealth, Inc. (NASDAQ:GOCO)

The GoHealth lawsuit is on behalf of all purchasers of GoHealth Class A common stock pursuant and/or traceable to the registration statement issued in connection with GoHealth's July 2020 initial public offering.

A class action has commenced on behalf of certain shareholders in GoHealth, Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the Medicare insurance industry was undergoing a period of elevated churn, which had begun in the first half of 2020; (ii) GoHealth suffered from a higher risk of customer churn as a result of its unique business model and limited carrier base; (iii) GoHealth suffered from degradations in customer persistency and retention as a result of elevated industry churn, vulnerabilities that arose from the Company's concentrated carrier business model, and GoHealth's efforts to expand into new geographies, develop new carrier partnerships and worsening product mix; (iv) GoHealth had entered into materially less favorable revenue sharing arrangements with its external sales agents; and (v) these adverse financial and operational trends were internally projected by GoHealth to continue and worsen following the initial public offering.

Shareholders may find more information at https://securitiesclasslaw.com/securities/gohealth-inc-loss-submission-form/?id=11100&from=1

Golar LNG Limited (NASDAQ:GLNG)

Investors Affected : April 30, 2020 - September 24, 2020

A class action has commenced on behalf of certain shareholders in Golar LNG Limited. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) certain employees, including the Chief Executive Officer of Hygo Energy Transition Ltd. f/k/a Golar Power Limited ("Hygo"), had bribed third parties, thereby violating anti-bribery policies; (2) as a result, the Company was likely to face regulatory scrutiny and possible penalties; (3) as a result of the foregoing reputational harm, Hygo's valuation ahead of its initial public offering would be significantly impaired; and (4) 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/golar-lng-limited-loss-submission-form/?id=11100&from=1

Garrett Motion Inc. (NYSE:GTX)

Investors Affected : October 1, 2018 - September 18, 2020

A class action has commenced on behalf of certain shareholders in Garrett Motion Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (1) due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with an unsustainable level of debt; (2) as a result, Garrett had a highly leveraged capital structure that posed significant challenges to its overall strategic and financial flexibility; (3) as a result of the foregoing, Garrett's ability to gain or hold market share was impaired; (4) as a result of the foregoing, the Company was reasonably likely to seek bankruptcy protection; and (5) 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.

Shareholders may find more information at https://securitiesclasslaw.com/securities/garrett-motion-inc-loss-submission-form/?id=11100&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm



View source version on accesswire.com:
https://www.accesswire.com/617720/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-GOCO-GLNG-and-GTX