Alignment Healthcare, Inc. (NASDAQ: ALHC)

This investigation is for anyone who acquired securities in Alignment Healthcare, Inc. (NASDAQ: ALHC) prior to July 8, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by intentionally overstating the Company’s EBITDA for the purpose of artificially inflating the Company’s share price so as to trigger an increase in executive compensation.

On July 8, 2026, reports emerged that a former Alignment executive had filed a whistleblower lawsuit alleging that the Company manipulated its finances to boost its stock price and executive compensation. Specifically, the lawsuit claims that Alignment deliberately misclassified routine operating expenses (such as routine software maintenance and production support) as capital expenditures within its technology sector and that this accounting maneuver artificially inflated the Company’s adjusted EBITDA and allowed it to report its “first full year of positive adjusted EBITDA as a public company.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Alignment Healthcare, Inc. (NASDAQ: ALHC) prior to July 8, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.