Hims & Hers Health (HIMS) Faces Securities Class Action After FTC Lawsuit Reveal Drives Stock Sharply Lower -- HBSS
Hims & Hers Health faces a securities class action and an FTC complaint alleging serious business misconduct and privacy violations. The lawsuit alleges the company shared sensitive health data with third-party advertising platforms and enrolled consumers in subscription models without informed consent, violating the Restore Online Shoppers' Confidence Act.
Key figures
- Deal Value Usd
- 970000000
- Share price drop pct
- -14.7
AI analysis
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