{"id":405213,"date":"2020-12-23T11:18:15","date_gmt":"2020-12-23T16:18:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405213"},"modified":"2020-12-23T11:18:15","modified_gmt":"2020-12-23T16:18:15","slug":"the-law-offices-of-frank-r-cruz-announces-the-filing-of-a-securities-class-action-on-behalf-of-goodrx-holdings-inc-gdrx-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-announces-the-filing-of-a-securities-class-action-on-behalf-of-goodrx-holdings-inc-gdrx-investors\/","title":{"rendered":"The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&amp;esheet=52353076&amp;newsitemid=20201223005072&amp;lan=en-US&amp;anchor=The+Law+Offices+of+Frank+R.+Cruz&amp;index=1&amp;md5=6651a5e387c8827d1a9783e3cc96152b\">The Law Offices of Frank R. Cruz<\/a> announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired GoodRx Holdings, Inc. (\u201cGoodRx\u201d or the \u201cCompany\u201d) (NASDAQ: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FGDRX&amp;esheet=52353076&amp;newsitemid=20201223005072&amp;lan=en-US&amp;anchor=GDRX&amp;index=2&amp;md5=28b9ced77b04f1615915af28e6fca394\">GDRX<\/a>) Class A common stock between <b>September 23<\/b>, <b>2020 and November 16, 2020<\/b> inclusive (the \u201cClass Period\u201d). GoodRx investors have until <b>February 16, 2021<\/b> to file a lead plaintiff motion.\n<\/p>\n<p>\nIf you are a shareholder who suffered a loss, click <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fgoodrx-holdings-inc%2F&amp;esheet=52353076&amp;newsitemid=20201223005072&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=22f3eb2717da6898cda0e4fe64499f6e\">here<\/a> to participate.\n<\/p>\n<p>\nIn September 2020, GoodRx completed its initial public offering (\u201cIPO\u201d), selling over 39.8 million common shares for $33 per share. GoodRx provides consumers with free information and tools to compare prices for prescription drugs. The Company primarily earns revenue from its prescription transaction fees.\n<\/p>\n<p>\nOn November 17, 2020, Amazon.com, Inc. (\u201cAmazon\u201d) announced two new pharmacy offerings, a Prime Rx plan and a discount card program, that would directly compete with GoodRx\u2019s platform.\n<\/p>\n<p>\nOn this news, the Company\u2019s stock price fell $10.51, or 23%, to close at $36.21 per share on November 17, 2020, thereby injuring investors.\n<\/p>\n<p>\nThe complaint filed alleges 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\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Amazon had been in the process of developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service; and (2) that Amazon\u2019s services would directly replicate and compete with the GoodRx business model.\n<\/p>\n<p>\nFollow us for updates on Twitter: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&amp;esheet=52353076&amp;newsitemid=20201223005072&amp;lan=en-US&amp;anchor=twitter.com%2FFRC_LAW&amp;index=4&amp;md5=c571f4b7d0521e6a1952ad3f7d20d59f\">twitter.com\/FRC_LAW<\/a>.\n<\/p>\n<p>\nIf you purchased GoodRx securities during the Class Period, you may move the Court no later than <b>February 16, 2021 <\/b>to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased GoodRx securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to <a rel=\"nofollow\" href=\"mailto:info@frankcruzlaw.com\">info@frankcruzlaw.com<\/a>, or visit our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=52353076&amp;newsitemid=20201223005072&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=5&amp;md5=203dcc2a4a93785e9f84e138c9c96f6d\">www.frankcruzlaw.com<\/a>. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201223005072r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201223005072\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201223005072\/en\/<\/a><\/span><\/p>\n<p>\nThe Law Offices of Frank R. Cruz, Los Angeles<br \/>\n<br \/>Frank R. Cruz, 310-914-5007<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:fcruz@frankcruzlaw.com\">fcruz@frankcruzlaw.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.frankcruzlaw.com&amp;esheet=52353076&amp;newsitemid=20201223005072&amp;lan=en-US&amp;anchor=www.frankcruzlaw.com&amp;index=6&amp;md5=9a4448af20c6c6a04a1f385295f6ce46\">www.frankcruzlaw.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201223005072\/en\/765953\/3\/Close_Up_Logo_HD_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired GoodRx Holdings, Inc. (\u201cGoodRx\u201d or the \u201cCompany\u201d) (NASDAQ: GDRX) Class A common stock between September 23, 2020 and November 16, 2020 inclusive (the \u201cClass Period\u201d). GoodRx investors have until February 16, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In September 2020, GoodRx completed its initial public offering (\u201cIPO\u201d), selling over 39.8 million common shares for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-announces-the-filing-of-a-securities-class-action-on-behalf-of-goodrx-holdings-inc-gdrx-investors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405213","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-law-offices-of-frank-r-cruz-announces-the-filing-of-a-securities-class-action-on-behalf-of-goodrx-holdings-inc-gdrx-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. (GDRX) Investors LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired GoodRx Holdings, Inc. (\u201cGoodRx\u201d or the \u201cCompany\u201d) (NASDAQ: GDRX) Class A common stock between September 23, 2020 and November 16, 2020 inclusive (the \u201cClass Period\u201d). GoodRx investors have until February 16, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In September 2020, GoodRx completed its initial public offering (\u201cIPO\u201d), selling over 39.8 million common shares for &hellip; Continue reading &quot;The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. 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Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired GoodRx Holdings, Inc. (\u201cGoodRx\u201d or the \u201cCompany\u201d) (NASDAQ: GDRX) Class A common stock between September 23, 2020 and November 16, 2020 inclusive (the \u201cClass Period\u201d). GoodRx investors have until February 16, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. In September 2020, GoodRx completed its initial public offering (\u201cIPO\u201d), selling over 39.8 million common shares for &hellip; Continue reading \"The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of GoodRx Holdings, Inc. 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