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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

The Law Offices of Frank R. Cruz Announces Investigation of Oak Street Health, Inc. (OSH) on Behalf of Investors

November 10, 2021 GMT

LOS ANGELES--(BUSINESS WIRE)--Nov 10, 2021--

The Law Offices of Frank R. Cruz announces an investigation of Oak Street Health, Inc. (“Oak Street” or the “Company”) (NYSE: OSH ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On November 8, 2021, after the market closed, Oak Street disclosed that the U.S. Department of Justice (“DOJ”) had launched an investigation into whether the company may have violated the False Claims Act. The Company stated that the DOJ requested “certain documents and information related to the company’s relationships with third-party marketing agents and related to the company’s provision of free transportation to federal health care beneficiaries.”

On this news, Oak Street’s stock price fell $9.75 per share, or 20%, to close at $37.14 on November 9, 2021, thereby injuring investors.

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If you purchased Oak Street securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211110005856/en/

CONTACT: The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

fcruz@frankcruzlaw.com

www.frankcruzlaw.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: The Law Offices of Frank R. Cruz

Copyright Business Wire 2021.

PUB: 11/10/2021 12:05 PM/DISC: 11/10/2021 12:06 PM

http://www.businesswire.com/news/home/20211110005856/en