GoHealth, Inc. Class A Common Stock
GOCOGoHealth, Inc. Class A (GOCO) is a health insurance technology company that specializes in connecting consumers with Medicare, Medicaid, and individual health insurance plans through a digital platform. Founded with the goal of simplifying the health insurance shopping process, it operates as a marketplace that provides personalized plan options and assistance, leveraging data and technology to streamline the enrollment experience.
Company News
Multiple M&A transactions and bankruptcies reported: Carlyle Group acquired South Korean home appliance rental platform Chung Ho Group for $700 million; Second Nature Brands acquired Tillamook Country Smoker; GoHealth filed for Chapter 11 bankruptcy; Sleep Number agreed to merge with Sleep Country Canada after filing for bankruptcy; and several o...
GoHealth has filed for voluntary Chapter 11 bankruptcy with support from 100% of lenders and over 60% of Class A stockholders. The prepackaged restructuring plan will transition ownership to lenders, reinstate preferred equity, pay trade payables in full, and provide cash to common equity holders. The company expects to emerge before the 2026 ann...
Pomerantz LLP is investigating securities fraud claims against GoHealth Inc. and other companies following a May 1, 2025 Department of Justice false Claims Act complaint alleging illegal kickbacks to brokers between 2016 and 2021. GoHealth's stock fell 10.4% to $9.44 per share on the news.
Law firm investigating potential securities law violations for three companies: Semler, GoHealth, and Cleveland-Cliffs, following DOJ investigations and financial performance issues.
Law firm Bragar Eagel & Squire is investigating potential securities law violations by GoHealth, Semler Scientific, ADTRAN, and Fulgent Genetics, following DOJ investigations and financial reporting issues.
