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PR Newswire·

Humana Inc. (NYSE: HUM) Investor Reminder: Schubert Jonckheer Investigating Possible False Statements Following 22% Stock Drop

  • Schubert Jonckheer & Kolbe LLP is investigating potential legal claims against Humana Inc. regarding alleged false statements about exposure to increased healthcare utilization costs.
  • On April 27, 2026, U.S. District Judge Jennifer L. Hall ruled that key securities fraud claims against Humana, its former CEO, & former CFO will proceed.
  • The lawsuit alleges the company misled investors between July 2022 & October 2024 about post-pandemic healthcare cost risks, causing stock prices to be artificially inflated.
  • Judge Hall determined the complaint sufficiently alleged that defendants acted with scienter, or intent to defraud, during the relevant period.
  • Company insiders sold over $104 million in stock while the alleged misrepresentations were in effect.
  • Humana's stock price fell 22% in October 2024 after the company reported sharp declines in many of its plans' Star ratings, revealing the truth.
  • The firm is currently investigating potential wrongdoing by Humana's directors & officers in connection with these allegations.
  • Current shareholders are encouraged to contact the firm to explore potential legal options.