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Hims & Hers Health, Inc. (HIMS) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-07-03 16:31
Core Viewpoint - Investors with significant losses in Hims & Hers Health, Inc. have the opportunity to lead a securities fraud class action lawsuit against the company [1]. Group 1: Lawsuit Details - The lawsuit alleges that between April 29, 2025, and June 23, 2025, Hims failed to disclose that it was involved in the deceptive promotion and sale of illegitimate versions of Wegovy, which posed risks to patient safety [3]. - The complaint also claims that there was a substantial risk of termination of Hims' collaboration with Novo Nordisk due to these undisclosed actions [3]. - As a result of the aforementioned issues, the positive statements made by Hims regarding its business operations and prospects were materially misleading and lacked a reasonable basis [3]. Group 2: Participation Information - Investors who suffered losses in Hims & Hers Health, Inc. are encouraged to contact the Law Offices of Howard G. Smith before August 25, 2025, to participate in the ongoing lawsuit [2]. - Interested parties can reach out via email or phone to discuss their legal rights and options regarding the class action [4].
INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Hims & Hers Health, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - HIMS
GlobeNewswire News Room· 2025-07-03 15:05
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]. Company Overview - Hims & Hers is a telehealth company that provides prescription medications, over-the-counter medications, and personal care products [2]. Legal Allegations - The class action lawsuit alleges that during the class period from April 29, 2025, to June 23, 2025, Hims & Hers made false or misleading statements and failed to disclose risks associated with its collaboration with Novo Nordisk [2]. - Specific allegations include the deceptive promotion and selling of illegitimate versions of Wegovy, which allegedly put patient safety at risk [2][3]. Partnership Termination - Novo Nordisk announced the termination of its partnership with Hims & Hers on June 23, 2025, citing concerns over deceptive practices [3]. - Following this announcement, Hims & Hers' stock price fell by more than 34% [3]. Class Action Process - Investors who purchased Hims & Hers securities during the class period can seek appointment as lead plaintiff in the class action lawsuit [4]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [4]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [5]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases [5].
Class Action Filed Against Hims & Hers Health, Inc. (HIMS) - August 25, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-07-03 13:00
NEW YORK, July 3, 2025 /PRNewswire/ -- 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=155244&from=4 CLASS PERIOD: April 29, ...
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hims & Hers Health
Prnewswire· 2025-07-03 12:30
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Hims To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Hims between April 29, 2025 and June 22, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, July 3, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a l ...
Why Hims & Hers Is a Buy Below $35 After Its 16% Pullback
MarketBeat· 2025-07-03 12:10
Core Viewpoint - Hims & Hers Health has experienced significant volatility, with a recent decline of 16% in stock price, raising concerns among investors despite its strong fundamentals and growth potential [6][12]. Financial Performance - Hims & Hers reported revenue of $586 million for the latest quarter, marking a 111% year-over-year increase [14]. - The company achieved an all-time high of 2.4 million subscribers, reflecting a 38% annualized growth rate [14]. - Free cash flow for the quarter was reported at $50.1 million, nearly five times the $11.9 million from the same quarter the previous year [14]. Market Position and Strategy - Hims & Hers operates a subscription business model, providing stable and predictable cash flows, which is particularly valuable in volatile market conditions [13]. - The stock is currently trading at 66% of its 52-week high, suggesting a potential turnaround opportunity for investors [15]. Recent Developments - The stock initially surged over 100% following a partnership announcement with Novo Nordisk, which was later retracted, leading to the recent stock price decline [7][8]. - Despite the partnership's dissolution, the underlying reasons for the stock's previous rally remain intact, indicating continued growth potential [8][10]. Analyst Ratings and Forecast - The 12-month stock price forecast for Hims & Hers is $39.58, indicating a potential downside of 16.58% from the current price of $47.45 [12]. - Analysts have rated the stock as "Reduce," suggesting caution among investors [17].
Hims & Hers Health, Inc. Class Action: The Gross Law Firm Reminds Hims & Hers Health, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 25, 2025 – HIMS
GlobeNewswire News Room· 2025-07-02 20:04
NEW YORK, July 02, 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=155082&from=3  CLASS PERIOD: ...
Hims & Hers Health, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Wolf Haldenstein Before August 25, 2025 to Discuss Your Rights
GlobeNewswire News Room· 2025-07-02 15:49
NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed on behalf of all investors who purchased or otherwise acquired securities of Hims & Hers Health, Inc. (NYSE: HIMS) (“Hims & Hers” or the “Company”) securities between April 29, 2025 and June 23, 2025, inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares of Hims & Hers should contact the Firm prior to the August 25, 2025 lead pla ...
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hims & Hers Health
GlobeNewswire News Room· 2025-07-02 15:05
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Hims To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Hims between April 29, 2025 and June 22, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) ...
HIMS CLASS ACTION: A Class Action was filed against Hims & Hers Health, Inc. for Securities Fraud -- Contact BFA Law by August 25 Legal Deadline (NYSE:HIMS)
GlobeNewswire News Room· 2025-07-02 12:43
Core Viewpoint - A lawsuit has been filed against Hims & Hers Health, Inc. and certain 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 asserts claims 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 and Allegations - Hims & Hers operates a telehealth platform providing online consultations, prescription medications, and wellness products [3]. - The company announced a collaboration with Novo Nordisk to sell the weight loss drug Wegovy, but allegedly misrepresented the nature of this partnership and compliance with FDA regulations [3][4]. Group 3: Stock Impact - Following Novo Nordisk's announcement of 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 within three days [5].
Where Will Hims & Hers Stock Be in 2030?
The Motley Fool· 2025-07-02 08:32
Hims & Hers' (HIMS -3.91%) management team laid out projections for where they believe revenue and profit will be in 2030.*Stock prices used were the afternoon prices of June 27, 2025. The video was published on June 29, 2025. ...