logo
HIMS Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Hims & Hers Health, Inc. (HIMS) - Contact Kessler Topaz Meltzer & Check, LLP

HIMS Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Hims & Hers Health, Inc. (HIMS) - Contact Kessler Topaz Meltzer & Check, LLP

RADNOR, PA - June 28, 2025 ( NEWMEDIAWIRE ) - The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action lawsuits have been filed in the United States District Court for the Northern District of California against Hims & Hers Health, Inc. ('Hims & Hers') ( NYSE: HIMS ) on behalf of those who purchased or otherwise acquired Hims & Hers securities between April 29, 2025, and June 23, 2025, inclusive (the 'Class Period'). The lead plaintiff deadline is August 25, 2025.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered Hims & Hers losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/hims-hers-health-inc?utm_source=NewMediaWire&utm_medium=PR
You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].
DEFENDANTS' ALLEGED MISCONDUCT:
The complaints allege that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Hims & Hers was engaged in the 'deceptive promotion and selling of illegitimate, knockoff versions of Wegovy that put patient safety at risk;' (2) as a result, there was a substantial risk that Hims & Hers' collaboration with Novo Nordisk would be terminated; and (3) that, as a result of the foregoing, Defendants' positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
THE LEAD PLAINTIFF PROCESS:
Hims & Hers investors may, no later than August 25, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP encourages Hims & Hers investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/hims-hers-health-inc?utm_source=NewMediaWire&utm_medium=PR
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
View the original release on www.newmediawire.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Are Lakers buying out LeBron James? Explaining latest viral update on superstar's contract amid trade rumors
Are Lakers buying out LeBron James? Explaining latest viral update on superstar's contract amid trade rumors

Yahoo

time27 minutes ago

  • Yahoo

Are Lakers buying out LeBron James? Explaining latest viral update on superstar's contract amid trade rumors

LeBron James seems like he'll stay front and center of the NBA's headlines this offseason. His agent Rich Paul's comments after LeBron opted-in to his Los Angeles Lakers contract for 2025-26 made many wonder whether James is seeking a trade. Advertisement There's also been a suggestion of a buyout, but that hasn't gained the same traction. Well, at least until a viral parody account posted on X on July 4 that James and the Lakers are working on a buyout. MORE: A major update in LeBron James' trade talks from Lakers Are Lakers buying out LeBron James? No, the Los Angeles Lakers are not buying out LeBron James. They also aren't working toward a buyout with LeBron. It would be entirely illogical for the Lakers to buy out James. He was a second-team All-NBA choice in 2024-25. Why would they get rid of him for nothing in return? While trades don't appear to be forthcoming, LeBron's name value plus talent give him legitimate trade value if he ends up requesting a deal. Advertisement But for now, it's full speed ahead for LeBron with the Lakers. MORE NBA NEWS:

Elon Musk's $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined
Elon Musk's $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined

Yahoo

time39 minutes ago

  • Yahoo

Elon Musk's $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined

The world's richest person is worth less in 2025 than at the end of 2024, with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk seeing his wealth take a hit as he battles with President Donald Trump. What Happened: The share price of Tesla has been highly volatile since Trump won the 2024 presidential election. Tesla shares hit new all-time highs in December 2024, driven by optimism for the electric vehicle leader and the strong relationship between Musk and Trump, which could help address regulatory issues and attract new fans. Tesla stock also traded over $400 at the start of 2025. Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Musk's work done with the government through the Department of Government Efficiency led to a call for boycotts against Tesla, and may be a reason for the weakened demand globally in 2025. Several recent falling outs between Musk and Trump have caused Tesla shareholders to worry about the future and have led to a significant decline in Musk's wealth in 2025. Musk is worth an estimated $361 billion according to Bloomberg. While that figure is significant and higher than second-place Mark Zuckerberg ($252 billion), it is down $71.2 billion year-to-date in 2025. For context, Musk has lost more in his net worth in 2025 than the next seven highest 2025 decliners combined, who are listed below with their rank on the list, net worth and YTD decline. 273. Dustin Moskovitz, Facebook co-founder, Asana Inc (NYSE:ASAN) founder: $11.4 billion, -$16.9 billion YTD 7. Bernard Arnault, LVMH (OTC:LVMUY) CEO: $162 billion, -$14.4 billion YTD 168. Mike Sabel, Venture Global (NYSE:VG) co-founder: $15.3 billion, -9.4 billion YTD 169. Bob Pender, Venture Global co-founder: $15.3 billion, -$9.4 billion YTD 9. Sergey Brin, Alphabet Inc (NASDAQ:GOOGL) co-founder: $152 billion, -$6.6 billion 8. Larry Page, Alphabet Inc co-founder: $162 billion, -$6.5 billion 189. Sukanto Tanoto, Royal Golden Eagle founder: $14.1 billion, -$6.3 billion Musk has lost more wealth than these seven individuals combined. In fact, the $71.2 billion drop in his net worth is so steep, it would rank as the 23rd largest fortune in the world on its own. That means in 2025 alone, Musk has lost more money than the total net worth of all but about 20 It's Important: Tesla stock is down 16.7% year-to-date in 2025, which has significantly impacted Musk's wealth, as he owns approximately 12% of the company. Other stakes in SpaceX and xAI have held up better but are less volatile, as they are privately held and don't experience the same valuation spikes as Tesla stock does on a day-to-day basis. Regardless of how much Musk and Trump are worth, the Tesla CEO's net worth is significantly higher, but investors may soon learn which figure truly matters when it comes to valuing Tesla. Trump has threatened to investigate the subsidies that Tesla receives and is again speaking critically of electric vehicles. Tesla investors should also keep in mind that Trump was once strongly opposed to autonomous vehicles and stated that he would ban them from the road. The president appears to have had a change of heart or been influenced by Musk to make it easier to get autonomous vehicles on the road today. Musk previously set a Guinness World Record in 2022 with the largest single-year wealth drop, with his net worth declining between $180 billion and $200 billion. It is unlikely that Musk could see such a significant drop again in 2025, but continued battles between Musk and Trump could be a storyline to watch. Read Next: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Image created using photos from Shutterstock. Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Elon Musk's $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined originally appeared on

1 Warren Buffett stock I'm staying well away from
1 Warren Buffett stock I'm staying well away from

Yahoo

time40 minutes ago

  • Yahoo

1 Warren Buffett stock I'm staying well away from

Investors always pay close attention to which stocks Warren Buffett's Berkshire Hathaway is buying – whether or not it's the CEO himself making the decisions. And one stands out to me. Constellation Brands (NYSE:STZ) looks like a classic example of being greedy when others are fearful. But despite the stock being down 31% in the last year, I'm staying away from this one. it's one of the largest US alcohol producers and marketers. And the industry as a whole looks as though it's in a transition phase at the moment. One of the biggest developments is the well-documented shift towards more premium products. This has been happening across beer, wine, and spirits. Constellation Brands isn't oblivious to the ongoing changes. The company has been looking to position its portfolio to align with this trend by divesting some of its lower-priced lines. This looks like a good strategy to me. But there's another ongoing trend that looks more problematic, which involves beer and wine losing market share to spirits. That's a problem for a firm where beer accounts for 85% of overall revenues. Despite growth in some of its premium divisions, the category as a whole being in decline is a big concern. The Berkshire Hathaway investment managers might be seeing something, but I don't know what that is. In the UK, Diageo (LSE:DGE) is also going to contend with challenges to the alcohol industry in general. These include the rise of GLP-1 drugs, which could well weigh on overall demand. I think, however, the FTSE 100 firm has a more attractive portfolio for dealing with these risks. Its sales predominantly come from spirits, with smaller contributions from beer and wine. The strength of Diageo's spirits portfolio is well-documented. But even in its relatively minor wine division, the company is firmly positioned towards the luxury end of the market. Through a joint venture with Moët Hennessy Louis Vuitton, Diageo has access to some of the top champagne names. These include Dom Pérignon, Moët & Chandon, and Veuve Clicquot. Its beer division primarily consists of Guinness, which some analysts have speculated the firm might be looking to sell. But I don't think this would be a particularly welcome development. Guinness sales have been strong recently, underscoring the shift towards premium lines across categories. So I see the division as another reason to be optimistic about Diageo's portfolio. A lot of recent attention has been focused on UK shares trading at lower multiples than their US counterparts. But that's not so obviously the case with Constellation Brands and Diageo. Despite a lower dividend yield and a higher price-to-earnings (P/E) ratio, Constellation Brands trades at a lower free cash flow multiple than its FTSE 100 counterpart. This means that — in one important respect — the stock is cheaper. On balance, however, I think Diageo is in a stronger position to deal with the challenges the alcohol industry is facing. That's why it's the stock I've been buying for my portfolio. The post 1 Warren Buffett stock I'm staying well away from appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Stephen Wright has positions in Berkshire Hathaway and Diageo Plc. The Motley Fool UK has recommended Constellation Brands and Diageo Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store