
LOS ANGELES, June 2, 2025 — DJS Law Group is reminding investors about the class action suit filed against Elevance Health, Inc. (NYSE: ELV) for potential violations of federal securities laws.
Shareholders who acquired Elevance securities between April 18, 2024, and October 16, 2024, inclusive (the “Class Period”), are advised to contact the firm before July 11, 2025.
CASE DETAILS: The lawsuit claims that Elevance made materially false and misleading statements regarding whether the Company experienced a material increase in the severity of illness and service utilization among its Medicaid members because healthier individuals were removed from Medicaid during the redetermination process. The complaint further contends that this utilization shift was not factored into the company’s rate negotiations with states or its financial forecasts provided to investors.
If you are a shareholder who experienced financial losses, please contact DJS Law Group.
WHY DJS LAW GROUP? DJS Law Group aims to improve investor returns through carefully considered legal advice and forceful representation. The firm concentrates its practice on securities class actions, corporate governance litigation, and both domestic and international M&A valuation disputes. The firm’s clients include some of the world’s largest and most sophisticated hedge funds and alternative asset managers. The litigation claims of DJS Law Group’s clients are considered highly valuable assets requiring attention, focus, and effective action.
This announcement may be considered attorney advertising in certain jurisdictions under applicable laws and ethical regulations.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email:
SOURCE DJS Law Group LLP
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