Hims & Hers Health (NYSE: HIMS) Facing Securities Class Action After FTC Lawsuit Reveal Drives Stock Sharply Lower
Hagens Berman issued a solicitation notice announcing a securities class action against Hims & Hers Health and certain executives, with a class period of Aug. 4, 2025 through July 29, 2026 and a lead plaintiff deadline of Nov. 2, 2026. The lawsuit follows the FTC's July 29, 2026 federal complaint (joined by Utah and Los Angeles County) alleging deceptive sharing of consumer health data with Meta and Snap, and ROSCA violations tied to subscription billing and cancellation barriers.
Key figures
- Crash date
- July 29, 2026
- Stock drop
- -14.7%
- Market cap erased
- $970 million
- Stock drop dollars
- $4.32
AI analysis
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