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Hims & Hers Health (NYSE: HIMS) Faces Securities Class Action After FTC Lawsuit Reveal Drives Stock Sharply Lower -- HBSS

$HIMSPress releaseSep 23, 2026, 6:06 PM ETRead the release

Hagens Berman announced a securities class action against Hims & Hers Health and certain executives, soliciting investors with losses to submit claims before a Nov. 2, 2026 lead plaintiff deadline. The suit follows a July 29, 2026 FTC federal complaint -- joined by Utah and Los Angeles County -- alleging deceptive sharing of consumer health data with Meta and Snap, plus ROSCA violations around subscription billing and cancellation barriers. The underlying regulatory action drove HIMS shares down $4.32 (-14.7%), erasing over $970 million of market cap in one day; the class period runs Aug.

Key figures

Class period
Aug. 4, 2025 – July 29, 2026
Market cap erased
$970 million
Stock decline pct
-14.7%
Lead plaintiff deadline
Nov. 2, 2026

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    HIMS: Hims & Hers Health (NYSE: HIMS) Faces Securities Class Action After FTC Lawsuit Reveal Drives Stock Sharply Lower -- HBSS — AI Analysis | Signal8