GoHealth, Inc.
Settlement of In re GoHealth, Inc. Securities Litigation
No. 1:20-cv-05593
The parties have reached a settlement of this action, pending in the United States District Court for the Northern District of Illinois, Eastern Division. The settlement provides for the payment of $29,250,000 for the benefit of eligible Class Members. Lead Plaintiffs alleged violations of §§11 and 15 of the Securities Act of 1933 on behalf of a class of all those who purchased GoHealth, Inc. (“GoHealth” or “Company”) Class A common stock pursuant or traceable to the Registration Statement and Prospectus issued in connection with the Company’s July 14, 2020 initial public offering.
The Class consists of all Persons who purchased or otherwise acquired GoHealth Class A common stock pursuant or traceable to the Registration Statement, and who were damaged thereby. For avoidance of doubt, and for purposes of this Settlement only, the “Class” includes all Persons who purchased or otherwise acquired GoHealth Class A common stock between July 14, 2020 and January 10, 2021, inclusive. Excluded from the Class are: Defendants, the current and former officers and directors and affiliates of Defendants from July 14, 2020 through present, members of the immediate families and the legal representatives, heirs, successors, or assigns of any such excluded Person, and any entity in which Defendants have or had a controlling interest, provided, however, that any “Investment Vehicle” shall not be excluded from the Class. Also excluded from the Class are those Persons who timely and validly requested exclusion from the Class pursuant to the Notice.
The settlement was approved by the Court on May 22, 2024.
If you have any questions about the settlement or the litigation, please contact the Shareholder Relations Department at 1-800-449-4900.
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