The purpose of this website is to advise members of the Class of the Settlement of the action entitled In re GoHealth, Inc. Securities Litigation, No. 1:20-cv-05593 (the “Litigation”), now pending in the United States District Court, Northern District of Illinois, Eastern Division.
The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency and Proposed Settlement of
Class Action (the “Notice”), which you can access by clicking here. Since this website is just a
summary, you should review the Notice for additional information.
If you are a Class Member, your legal rights will be affected by this Litigation whether you act or do not act.
Please read the Notice carefully.
If you purchased or otherwise acquired GoHealth Class A common stock between July 14, 2020, and January 10, 2021, inclusive, you may be entitled to a payment
from a class action settlement.
YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT | |
---|---|
SUBMIT A CLAIM | This is the only way to be eligible to receive a payment. If you are a Class Member, and do not exclude yourself from the Class, you will be bound by the Settlement as approved by the Court and you will give up any “Released Claims” (as defined in the Notice) that you have against the Defendants and the other “Released Parties” (as defined in the Notice). Proof of Claim and Release forms (“Proof of Claim” or “Claim Form”) must be postmarked (if mailed) or received (if submitted online) on or before June 12, 2024. |
EXCLUDE YOURSELF | If you exclude yourself from the Class, you will not be eligible to receive any payment from the Net Settlement Fund. This is the only option that potentially allows you to participate in another lawsuit against the Defendants or the other Released Parties relating to the Released Claims being released in this case. Should you elect to exclude yourself from the Class, you should understand that Defendants and the other Released Parties will have the right to assert any and all defenses they may have to any claims that you may seek to assert, including, without limitation, the defense that any such claims are untimely under applicable statutes of limitations and statutes of repose. Exclusions must be postmarked on or before May 1, 2024. |
OBJECT | You may write to the Court if you do not like this Settlement, the Plan of Allocation and/or the request for attorneys’ fees and expenses. You will still be a Member of the Class. Objections must be received by the Court and counsel for the Settling Parties on or before May 1, 2024. |
GO TO A HEARING ON MAY 22, 2024, at 9:30 A.M. | Submitting a written objection and notice of intention to appear by May 1, 2024, allows you to speak in Court about the fairness of the Settlement, the Plan of Allocation, and/or the request for attorneys’ fees and expenses. If you submit a written objection, you may (but you do not have to) attend the hearing and speak to the Court about your objection. |
DO NOTHING | If you are a Member of the Class and you do not submit a Proof of Claim by June 12, 2024, you will not be eligible to receive any payment from the Net Settlement Fund. You will, however, remain a Member of the Class, which means that you give up your right to sue about the claims that are resolved by the Settlement, and you will be bound by any judgments or orders entered by the Court in the action. |
How do I know if I am part of the Class?
The Class includes all purchasers of GoHealth Class A common stock between July 14, 2020, and January 10, 2021, inclusive.You are not a Class Member if you are a Defendant, a current and former officer and director and affiliate of Defendants from July 14, 2020, through present, a member of the immediate family and the legal representative, heir, successor, or assign of any such excluded Person, and any entity in which Defendants have or had a controlling interest, provided, however, that any “Investment Vehicle,” as defined in the Stipulation , shall not be excluded from the Class. You are also not a Class Member if you timely and validly request exclusion from the Class pursuant to the Notice.
If you sold GoHealth Class A common stock after the IPO, that alone does not make you a Class Member.
The Settlement Hearing
The Court will hold a fairness hearing at 9:30 a.m., on May 22, 2024, at the Everett McKinley Dirksen United States Courthouse, 219 South Dearborn Street,
Chicago, Illinois. At this hearing the Court will consider whether the Settlement is fair, reasonable, and adequate.The Court may move the date or time of the fairness hearing to a later date and/or time without further written notice to you. If the date or time of the fairness hearing is changed, the new date and/or time will be posted here.
If there are objections, the Court will consider them. The Court will listen to people who have asked to speak at the hearing. At or after the fairness hearing, the Court will decide whether to approve the Settlement, the request for attorneys’ fees and expenses, and the Plan of Allocation. The Court may decide these issues at the hearing or take them under consideration. We do not know how long these decisions will take.
If you want to attend the hearing, you should check with Lead Counsel beforehand to be sure that the date and/or time has not changed, or periodically check this website to see if the fairness hearing stays as scheduled or is changed.
Further Information
For more details regarding this case, please reference the documents filed in the case under the “Court Documents” section at the top of this website. You may also
contact the Claims Administrator for further information regarding this case.
Claims Administrator:
GoHealth Securities Litigation
Claims Administrator
c/o A.B. Data, Ltd.
P.O. Box 173061
Milwaukee, WI 53217
Telephone: (877) 388-1720
info@GoHealthSecuritiesLitigation.com
Lead Counsel:
Greg Wood
c/o Shareholder Relations Department
Robbins Geller Rudman & Dowd LLP
655 West Broadway, Suite 1900
San Diego, CA 92101
Telephone: (800) 449-4900
settlementinfo@rgrdlaw.com
GoHealth Securities Litigation
Claims Administrator
c/o A.B. Data, Ltd.
P.O. Box 173061
Milwaukee, WI 53217
Telephone: (877) 388-1720
info@GoHealthSecuritiesLitigation.com
Lead Counsel:
Greg Wood
c/o Shareholder Relations Department
Robbins Geller Rudman & Dowd LLP
655 West Broadway, Suite 1900
San Diego, CA 92101
Telephone: (800) 449-4900
settlementinfo@rgrdlaw.com