Oak Street Health, Inc. Investors: Please contact the Portnoy Law Firm to recover losses

Oak Street Health, Inc. Investors: Please contact the Portnoy Law Firm to recover losses

Investors can contact the law firm at no cost to learn more about recovering their losses

​LOS ANGELES, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Oak Street Health, Inc. (“Oak Street Health” or the “Company”) (NYSE: OSH) investors that a class action lawsuit filed on behalf of investors that purchased Oak Street Health shares August 6, 2020 and November 8, 2021, inclusive (the "Class Period").

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 1-844-PORTLAW (844-767-8529) or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Oak Street Health maintained relationships with third-party marketing agents likely to provoke law enforcement scrutiny; (2) Oak Street Health was providing free transportation to federal health care beneficiaries in a manner that would provoke law enforcement scrutiny; (3) these activities may be violations of the False Claims Act; (4) as such, Oak Street Health was at heightened risk of investigation by the U.S. Department of Justice and/or other federal law enforcement agencies; (5) as a result, Oak Street Health was subject to adverse impacts related to defense and settlement costs and diversion of management resources; and (6) as a result of the foregoing, defendants' positive statements about Oak Street Health's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]
310-692-8883
www.portnoylaw.com

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