AmeriGroup Faces Class Action Suit Over Misleading Earnings Statements
The plaintiffs, who purchased the stock between April 27 and September 28, sued the company for securities violations in U.S. District Court for the Eastern District of Virginia. The suit accuses AmeriGroup and several of its executives of hiding quarterly losses from the period.
Investors say Virginia-based AmeriGroup intentionally failed to account for at least $23 million...
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