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ELV Shareholders Have the Right to Lead the Elevance Health, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - ELV

1. Class action lawsuit filed against Elevance Health for false statements. 2. Lawsuit pertains to investor losses during specified class period. 3. Claims indicate misleading communication about Medicaid utilization rates. 4. Concerns raised about financial guidance related to Medicaid membership changes.

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FAQ

Why Bearish?

Class actions often lead to negative sentiment and potential financial liability. Historically, stocks involved in similar lawsuits often experience price declines as uncertainties increase.

How important is it?

The lawsuit highlights serious allegations, which can significantly impact investor confidence and stock price. The belief that Elevance mismanaged expectations could lead to market reactions.

Why Short Term?

Immediate investor sentiment likely adversely affected; potential for longer-term impacts depending on lawsuit outcomes. Similar past incidents have often caused short-term volatility.

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UNHANTMCNC
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Elevance Health, Inc. ("Elevance" or "the Company") (NYSE: ELV) for violations of the federal securities laws.Shareholders who purchased the Company's securities between April 18, 2024 and October 16, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before July 11, 2025. DJS Law Group CASE DETAILS:  The complaint alleges that the Company made false and misleading statements to the market concerning whether Elevance suffered from a significant rise in the acuity and utilization of its Medicaid members due to the program's redeterminations, because members removed from Medicaid were healthier than those who maintained eligibility. The shift in utilization experienced by the Company was not reflected in its rate negotiations with states or in its financial guidance to investors. If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1Eastchester, NY 10709Phone: 914-206-9742 Email: [email protected]SOURCE DJS Law Group LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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