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Hims & Hers Health (HIMS) Facing Securities Class Action After FTC Lawsuit Reveal Drives Stock Sharply Lower

$HIMSPress releaseOct 22, 2026, 4:42 PM ETRead the release

Hagens Berman announced a securities class action against Hims & Hers and certain executives, with a class period of Aug. 4, 2025 to July 29, 2026 and a lead plaintiff deadline of Nov. 2, 2026. The suit follows the FTC's July 29, 2026 federal complaint — joined by Utah and Los Angeles County — alleging deceptive sharing of sensitive health data with Meta and Snap and ROSCA-violating subscription billing practices.

Key figures

Crash date
July 29, 2026
Stock drop pct
-14.7%
Stock drop usd
$4.32
Class period end
July 29, 2026
Market cap erased
over $970 million
Class period start
Aug. 4, 2025
Lead plaintiff deadline
Nov. 2, 2026

AI analysis

Red flags4 · Pro

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