OSH

Oak Street Health Reports Full Year 2022 Results

Retrieved on: 
Tuesday, February 28, 2023

Oak Street Health, Inc. (NYSE: OSH, or the “Company”), a network of value-based primary care centers for adults on Medicare, today reported financial results for the year ended December 31, 2022.

Key Points: 
  • Oak Street Health, Inc. (NYSE: OSH, or the “Company”), a network of value-based primary care centers for adults on Medicare, today reported financial results for the year ended December 31, 2022.
  • “Our team's commitment and hard work delivered outstanding health outcomes and an unmatched patient experience leading to consistent center-level performance and strong full year results.
  • We remain committed to improving the well-being of our patients, bringing new patients to the Oak Street model, and rebuilding healthcare as it should be,” said Mike Pykosz, Chief Executive Officer of Oak Street Health.
  • Due to the Company's pending transaction with CVS Health, Oak Street Health will not provide guidance for the first quarter 2023, is suspending its financial guidance for full year 2023 and will not host a conference call to discuss its full year 2022 results.

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – OSH, SUMO, AQUA, FMIA

Retrieved on: 
Wednesday, February 22, 2023

Under the terms of the agreement, OSH shareholders are expected to receive $39.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, OSH shareholders are expected to receive $39.00 in cash per share they own.
  • Under the terms of the agreement, SUMO shareholders are expected to receive $12.05 in cash per share they own.
  • Under the terms of the agreement, AQUA shareholders are expected to receive 0.480 shares of Xylem per share they own.
  • Under the terms of the agreement, FMIA shareholders are expected to receive 10.2685 shares of United per share they own.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – ATCX, OSH, ARGO, SAL

Retrieved on: 
Wednesday, February 15, 2023

Under the terms of the agreement, ATCX shareholders are expected to receive $12.25 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, ATCX shareholders are expected to receive $12.25 in cash per share they own.
  • Under the terms of the agreement, OSH shareholders are expected to receive $39.00 in cash per share they own.
  • Salisbury Bancorp, Inc. (Nasdaq: SAL ), relating to its proposed merger NBT Bancorp, Inc.
  • Under the terms of the merger, SAL shareholders will receive 0.745 shares of NBT per share they own.

OAK STREET HEALTH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Oak Street Health, Inc. - OSH

Retrieved on: 
Friday, February 10, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Oak Street Health, Inc. (NYSE: OSH) to CVS Health Corporation (NYSE: CVS).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Oak Street Health, Inc. (NYSE: OSH) to CVS Health Corporation (NYSE: CVS).
  • Under the terms of the proposed transaction, shareholders of Oak Street will receive $39.00 in cash for each share of Oak Street that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

OSH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Oak Street Health, Inc. Is Fair to Shareholders

Retrieved on: 
Wednesday, February 8, 2023

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Oak Street Health, Inc. (NYSE: OSH) to CVS Health® for $39.00 per share is fair to Oak Street shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Oak Street Health, Inc. (NYSE: OSH) to CVS Health® for $39.00 per share is fair to Oak Street shareholders.
  • The investigation concerns whether Oak Street and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Oak Street shareholders; (2) determine whether CVS is underpaying for Oak Street; and (3) disclose all material information necessary for Oak Street shareholders to adequately assess and value the merger consideration.
  • On behalf of Oak Street shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Oak Street Health States that Its Policy is Not to Comment on Unusual Market Activity

Retrieved on: 
Tuesday, February 7, 2023

Oak Street Health, Inc. (NYSE: OSH or the “Company”), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, announced today that in view of the unusual market activity in the Company’s stock, the New York Stock Exchange has contacted the Company in accordance with the Exchange’s usual practice.

Key Points: 
  • Oak Street Health, Inc. (NYSE: OSH or the “Company”), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, announced today that in view of the unusual market activity in the Company’s stock, the New York Stock Exchange has contacted the Company in accordance with the Exchange’s usual practice.
  • The Company stated that its policy is not to comment on unusual market activity.

Conn Maciel Carey LLP Elevates Daniel Deacon to Partner

Retrieved on: 
Friday, February 3, 2023

WASHINGTON, Feb. 3, 2023 /PRNewswire/ -- Conn Maciel Carey LLP (CMC), a boutique law firm with national practices in labor and employment, workplace safety (OSHA and MSHA), and litigation, is pleased to announce that Daniel Deacon has been elevated to Partner.

Key Points: 
  • WASHINGTON, Feb. 3, 2023 /PRNewswire/ -- Conn Maciel Carey LLP (CMC), a boutique law firm with national practices in labor and employment, workplace safety (OSHA and MSHA), and litigation, is pleased to announce that Daniel Deacon has been elevated to Partner.
  • Mr. Deacon joined the firm in 2015, one year after CMC was founded.
  • "It has been such a joy to watch Dan grow as an attorney into one of the rising stars of the OSHA defense bar."
  • Mr. Deacon is looking forward to further developing his practice and making an even greater impact on the firm.

Lifshitz Law PLLC Announces Investigations of ATCX, ALR, OSH, and ARGO

Retrieved on: 
Sunday, February 12, 2023

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of ALR to ABP Acquisition LLC for $1.31 per share in cash.

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of ALR to ABP Acquisition LLC for $1.31 per share in cash.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of OSH to CVS Health® for $39.00 per share in cash.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of ARGO to Brookfield Reinsurance for $30.00 per share in cash.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

OSH Alert: Monsey Law Firm of Wohl & Fruchter LLP Investigating Sale of Oak Street Health to CVS

Retrieved on: 
Wednesday, February 8, 2023

MONSEY, N.Y., Feb. 08, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Oak Street Health, Inc. (NYSE: OSH) (“Oak Street”) acted in the best interests of Oak Street shareholders in approving the sale of Oak Street to CVS Health Corporation (“CVS”) for $39.00 per share in cash.

Key Points: 
  • MONSEY, N.Y., Feb. 08, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of Oak Street Health, Inc. (NYSE: OSH) (“Oak Street”) acted in the best interests of Oak Street shareholders in approving the sale of Oak Street to CVS Health Corporation (“CVS”) for $39.00 per share in cash.
  • On February 8, 2023, Oak Street announced that it had agreed to be acquired by CVS for $39.00 per share in cash.
  • The agreement has been approved by the Oak Street board of directors (“Board”).
  • “Our investigation concerns whether Oak Street’s Board acted in the best interests of Oak Street shareholders in approving the sale,” explained Joshua Fruchter, one of the firm’s name partners.

Oak Street Health Appoints First Chief Wellness Officer

Retrieved on: 
Friday, January 6, 2023

Oak Street Health (NYSE: OSH), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, named Dr. Deb Edberg as its first Chief Wellness Officer, effective immediately.

Key Points: 
  • Oak Street Health (NYSE: OSH), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, named Dr. Deb Edberg as its first Chief Wellness Officer, effective immediately.
  • “Wellness is not a problem to be solved, but rather an ongoing commitment to our teammates at Oak Street Health,” says Dr. Edberg, Chief Wellness Officer at Oak Street Health.
  • Edberg’s deep knowledge of Oak Street Health’s value-based care model, combined with her experience pioneering new programming, make her particularly suited for this role,” says Dr. Julie Silverstein, Chief Medical Officer of Care Delivery at Oak Street Health.
  • We look forward to all that Dr. Edberg will accomplish as Chief Wellness Officer.”
    To learn more about joining the growing team at Oak Street Health, click here .