NEW YORK, NY / ACCESSWIRE / March 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Alignment Healthcare, Inc. ("Alignment Healthcare") (NASDAQ:ALHC) concerning possible violations of federal securities laws.
Alignment conducted its initial public offering ("IPO"), selling 27.2 million shares of common stock priced at $18.00 per share. Then, on February 27, 2024, Alignment issued a press release reporting its fourth quarter and full-year 2023 financial results. Among other items, Alignment reported earnings per share of -$0.25, missing consensus estimates by $0.03. Following this news, on February 28, 2024, Alignment's stock price fell 13%. To obtain additional information, go to:
https://zlk.com/pslra-1/alignment-healthcare-inc-lawsuit-submission-form?prid=68968&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP