Core Viewpoint - Hims & Hers Health, Inc. is facing securities class action lawsuits due to allegations of misleading investors regarding its GLP-1 drug offerings and deceptive marketing practices, particularly in relation to its collaboration with Novo Nordisk [1][7][9]. Group 1: Legal Actions and Investigations - Securities class action lawsuits were filed against Hims & Hers and certain executives, representing investors who acquired securities between April 29, 2025, and June 23, 2025 [1][3]. - Hagens Berman, a national shareholders rights firm, is investigating the claims and encourages affected investors to report their losses [3][11]. - The lead plaintiff deadline for the lawsuits is set for August 25, 2025 [3]. Group 2: Events Leading to Lawsuits - Hims & Hers began offering GLP-1 treatments in May 2024, initially through compounded semaglutide, and later with FDA-approved injectable semaglutide [4]. - The FDA resolved a semaglutide product shortage on February 21, 2025, which limited Hims & Hers' ability to sell compounded semaglutide [5]. - Following assurances from management about regulatory compliance during a Q4 earnings call, Hims & Hers announced a collaboration with Novo Nordisk on April 29, 2025, which initially boosted share prices [6]. Group 3: Allegations and Marketing Practices - The lawsuits allege that Hims & Hers provided misleading assurances about its regulatory compliance and revenue from GLP-1 offerings, failing to disclose critical business practices [7]. - Plaintiffs claim that Hims & Hers engaged in deceptive marketing of unauthorized versions of Wegovy®, exposing patients to unknown risks [8]. - Novo Nordisk terminated its collaboration with Hims & Hers on June 23, 2025, citing violations of U.S. regulations regarding the sale of compounded drugs [9][10]. Group 4: Market Impact - The announcement of Novo Nordisk's termination of the partnership led to a 30% drop in Hims & Hers' share price [10].

Core Insights - Hims & Hers Health, Inc. (HIMS) has seen a significant stock increase of 90.4% over the past three months, outperforming the industry average of 13.9% and the S&P 500's growth of 18.6% [1][10] - The company is expanding into Canada and has recently acquired ZAVA, a digital health platform in Europe, marking important milestones for international growth [2][16] Financial Performance - In Q1 2025, Hims & Hers reported strong improvements in both top and bottom lines, with an increase in subscribers and monthly online revenue per average subscriber, although wholesale revenues were disappointing [3] - The company expects Q2 2025 revenues to be between $530 million and $550 million, reflecting a year-over-year increase of 68-74%, and full-year revenues projected between $2.3 billion and $2.4 billion, representing growth of 56-63% from 2024 levels [9][11] Business Strategy - Hims & Hers is focusing on weight loss treatment as a core growth area, having introduced compounded injectable semaglutide and branded semaglutide to meet high consumer demand for GLP-1 therapies [12] - The company operates a flexible subscription model that drives predictable revenue and customer retention, offering a range of health specialties including sexual health, dermatology, mental health, and weight loss [13] International Expansion - The planned expansion into Canada aims to provide affordable weight loss programs, coinciding with the anticipated availability of generic semaglutide, which is expected to be priced significantly lower than branded versions [15] - Hims & Hers is also set to introduce personalized digital health services in Europe, ensuring localized experiences with access to healthcare providers in local languages [17] Challenges - The termination of collaboration with Novo Nordisk raises concerns about future performance, as it affects access to Wegovy and highlights potential legal compliance issues [18] - A contraction in gross margin by 886 basis points in Q1 2025 due to rising product costs poses a challenge for the company if cost control measures are not implemented [19] Valuation and Market Position - HIMS' forward 12-month price-to-sales (P/S) ratio of 4.4X is lower than the industry average of 5.7X but higher than its five-year median of 2.3X, indicating potential for growth [21] - The Zacks Consensus Estimate for earnings per share for 2025 has increased to 74 cents, reflecting positive sentiment around the company's financial outlook [24]

Core Viewpoint - Hims & Hers Health, Inc. is facing allegations of deceptive practices related to the promotion and sale of illegitimate versions of Wegovy®, which may jeopardize its collaboration with Novo Nordisk and mislead investors about the company's prospects [2]. Group 1: Allegations and Legal Action - The class period for the allegations is from April 29, 2025, to June 23, 2025 [2]. - Allegations include that Hims engaged in deceptive promotion and selling of knockoff versions of Wegovy®, risking patient safety [2]. - The complaint suggests that the misleading statements from the company about its business and operations lacked a reasonable basis [2]. Group 2: Shareholder Information - Shareholders are encouraged to register for the class action by the deadline of August 25, 2025 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

Core Viewpoint - Class actions have been initiated for investors of Hims & Hers Health, Inc. and Sarepta Therapeutics, Inc. due to alleged misleading statements and undisclosed risks related to their business operations and products [1][4]. Hims & Hers Health, Inc. (NYSE: HIMS) - The class period for Hims & Hers is from April 29, 2025, to June 23, 2025, with a lead plaintiff deadline of August 25, 2025 [2]. - Allegations include that Hims engaged in deceptive promotion of illegitimate versions of Wegovy, risking patient safety and jeopardizing its collaboration with Novo Nordisk [2][3]. - Defendants are accused of making materially misleading statements regarding the safety and availability of Wegovy for Hims subscribers, which lacked a reasonable basis [2][3]. Sarepta Therapeutics, Inc. (NASDAQ: SRPT) - The class period for Sarepta is from June 22, 2023, to June 24, 2025, also with a lead plaintiff deadline of August 25, 2025 [4]. - Sarepta is alleged to have misled investors about the safety and revenue outlook of its gene therapy ELEVIDYS, which is intended for treating Duchenne muscular dystrophy [4]. - Significant safety risks associated with ELEVIDYS were not disclosed, leading to adverse events that prompted the company to halt clinical trials and attract regulatory scrutiny [4][5]. - Following reports of patient deaths related to ELEVIDYS, Sarepta's stock experienced significant declines, including a drop of $27.81 per share (27.44%) on March 18, 2025, and a further decline of $15.24 per share (42.12%) on June 15, 2025 [5][6].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Hims & Hers Health, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The class period for the lawsuit is from April 29, 2025, to June 23, 2025, and the lead plaintiff deadline is August 25, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [2][5] Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Allegations - The lawsuit alleges that Hims made false and misleading statements regarding its partnership with Novo Nordisk A/S, particularly about the availability of the weight-loss drug Wegovy [4] - Specific claims include that Hims misrepresented the nature of its collaboration with Novo and the offerings available to its subscribers [4] - The lawsuit asserts that when the true details were revealed, investors suffered damages due to the misleading information [4]

PHILADELPHIA, July 16, 2025 /PRNewswire/ -- Berger Montague announces a securities fraud investigation into Hims & Hers Health Inc. ("Hims & Hers" or the "Company") (NYSE: HIMS) concerning potential violations of the Securities Exchange Act of 1934. The inquiry focuses on whether investors were misled about the Company's regulatory compliance and business operations.Following Novo Nordisk's termination of its collaboration with Hims & Hers on June 23, 2025, the Company's stock dropped more than 34%. A class ...

Core Viewpoint - Hims & Hers Health, Inc. is facing a class action lawsuit due to allegations of deceptive practices related to the promotion and sale of illegitimate versions of the drug Wegovy, resulting in a significant drop in stock price following the termination of its partnership with Novo Nordisk [1][3]. Group 1: Lawsuit Details - The class action lawsuit, Sookdeo v. Hims & Hers Health, Inc., involves purchasers of Hims & Hers securities from April 29, 2025, to June 23, 2025, with a deadline of August 25, 2025, to seek lead plaintiff status [1]. - The lawsuit alleges that Hims & Hers made false statements and failed to disclose risks associated with its collaboration with Novo Nordisk, particularly regarding the safety of its products [2]. - Novo Nordisk announced the termination of its partnership with Hims & Hers on June 23, 2025, citing deceptive practices that jeopardized patient safety, leading to a stock price decline of over 34% [3]. Group 2: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who acquired Hims & Hers securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [4]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [5].

NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Hims & Hers Health, Inc. (NYSE: HIMS). Shareholders who purchased shares of HIMS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/hims-hers-health-inc-loss-submission-form/?id=156722&from=3 CLASS PERIOD: A ...

Core Viewpoint - The sudden termination of the partnership between Hims & Hers Health and Novo Nordisk has led to increased legal troubles for the telehealth company, including multiple investor lawsuits alleging misleading information regarding financial status and future performance guidance [1][2]. Group 1: Partnership and Legal Issues - Hims & Hers Health's collaboration with Novo Nordisk lasted only two months before being abruptly ended due to legal and marketing disputes, resulting in a significant drop in Hims & Hers' stock price by approximately 35% in a single day [1][2]. - Following the partnership's termination, investors filed several securities class action lawsuits against Hims & Hers in federal court, accusing the company of insufficient disclosure regarding the importance of the partnership and compliance risks [2]. Group 2: Financial Impact and Market Concerns - The termination of the partnership has raised concerns about Hims & Hers' financial performance, particularly regarding legal and brand costs, as well as uncertainties surrounding the supply of Novo Nordisk's GLP-1 products [2]. - If the lawsuits result in liability and restrictions on the sale of compounded drugs, along with a continued decline in gross margins, this could exert substantial pressure on the company's mid-term profitability [2][3]. - The active ingredient semaglutide (Wegovy) was recently removed from the FDA's shortage list, leading to Novo Nordisk's demand for Hims & Hers to cease sales of compounded versions, which has sparked further disputes [3]. - The potential inability to sell compounded Wegovy, combined with supply limitations from the broken partnership, may slow growth in the high-margin weight loss sector, with gross margins projected to decline from 79% in 2024 to 73% in Q1 2025 [3].

Core Viewpoint - A lawsuit has been filed against Hims & Hers Health, Inc. and its senior executives for potential violations of federal securities laws, following allegations of misrepresentation regarding a partnership with Novo Nordisk [1][2][4]. Group 1: Lawsuit Details - Investors have until August 25, 2025, to request to lead the case, which is pending in the U.S. District Court for the Northern District of California [2]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Hims & Hers securities [2]. Group 2: Company Operations - Hims & Hers operates a telehealth platform providing online consultations, prescription medications, and wellness products [3]. - The company announced a collaboration with Novo Nordisk on April 29, 2025, to sell the weight loss drug Wegovy on its platform [3]. Group 3: Allegations and Impact - Hims & Hers allegedly misrepresented the nature of its partnership with Novo Nordisk, claiming it could offer both Wegovy and compounded semaglutide, and that its sales complied with FDA regulations [4]. - Following Novo Nordisk's announcement on June 23, 2025, that it was terminating the partnership due to Hims & Hers' deceptive practices, the stock price fell by $22.24, or over 34%, from $64.22 to $41.98 per share [5].