Louisiana
OAK STREET HEALTH INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Oak Street Health, Inc. – OSH
NEW ORLEANS–(BUSINESS WIRE)–Former Legal professional Common of Louisiana, Charles C. Foti, Jr., Esq., a associate on the regulation agency of Kahn Swick & Foti, LLC (“KSF”), declares that KSF has commenced an investigation into Oak Road Well being, Inc. (NYSE: OSH).
On November 8, 2021, the Firm disclosed that it had obtained a civil investigative demand (“CID”) from the U.S. Division of Justice relating to whether or not the Firm could have violated the False Claims Act, and that the CID “requests sure paperwork and data associated to the Firm’s relationships with third-party advertising and marketing brokers and associated to the Firm’s provision of free transportation to federal well being care beneficiaries and requests info and paperwork associated to such issues.”
The Firm was subsequently sued in a securities class motion lawsuit for failing to reveal materials info, violating federal securities legal guidelines, which stays ongoing.
KSF’s investigation is specializing in whether or not Oak Road’s officers and/or administrators breached their fiduciary duties to the Firm’s shareholders or in any other case violated state or federal legal guidelines.
If in case you have info that might help KSF in its investigation, or have been a long-term holder of Oak Road shares and wish to talk about your authorized rights, chances are you’ll, with out obligation or value to you, name toll-free at 1-877-515-1850 or electronic mail KSF Managing Associate Lewis Kahn (lewis.kahn@ksfcounsel.com), or go to https://www.ksfcounsel.com/instances/nyse-osh/ to be taught extra.
About Kahn Swick & Foti, LLC
KSF, whose companions embrace former Louisiana Legal professional Common Charles C. Foti, Jr., is without doubt one of the nation’s premier boutique securities litigation regulation companies. KSF serves quite a lot of purchasers – together with public institutional buyers, hedge funds, cash managers and retail buyers – in searching for to recuperate funding losses on account of company fraud and malfeasance by publicly traded firms. KSF has places of work in New York, California, Louisiana and New Jersey.
To be taught extra about KSF, chances are you’ll go to www.ksfcounsel.com.
Contacts
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Associate
lewis.kahn@ksfcounsel.com
1-877-515-1850