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Oscar shareholder claims insurer misled IPO investors

Oscar Health shareholder Lorin Carpenter is suing Oscar Health CEO Mario Schlosser and others asking for class action status, claiming the insurer misled investors about the costs associated with COVID-19 when they bought Class A common stock in the company. The lawsuit was filed Thursday, May 12, in U.S. District Court in New York. On March 3, 2021, in a Securities and ....

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