{"id":868991,"date":"2025-07-12T07:40:08","date_gmt":"2025-07-12T11:40:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/"},"modified":"2025-07-12T07:40:08","modified_gmt":"2025-07-12T11:40:08","slug":"hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/","title":{"rendered":"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS)"},"content":{"rendered":"
\n

NEW YORK, July 12, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP<\/strong><\/a> announces that a lawsuit has been filed against Hims & Hers Health, Inc. (NYSE: HIMS) and certain of the Company\u2019s senior executives for potential violations of the federal securities laws.<\/p>\n

If you invested in Hims & Hers, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases-investigations\/hims-hers-health-inc-class-action<\/strong><\/a>.<\/p>\n

Investors have until August 25, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Hims & Hers securities. The case is pending in the U.S. District Court for the Northern District of California and is captioned Sookdeo v. Hims & Hers Health, Inc., et al.<\/em>, No. 25-cv-05315. A subsequent complaint alleging substantially similar claims was also filed and is captioned Yaghsizian v. Hims & Hers Health, Inc., et al.<\/em>, No. 25-cv-05321.<\/p>\n

\n Why was Hims & Hers Sued for Securities Fraud? <\/strong>\n <\/p>\n

Hims & Hers operates a telehealth platform that provides consumers with access to online consultations with licensed healthcare professionals, prescription medications, and a range of wellness products. On April 29, 2025, Hims & Hers and Novo Nordisk announced a \u201clong-term collaboration\u201d starting with the immediate sale of Novo Nordisk\u2019s popular weight loss drug Wegovy on the Hims & Hers platform. The active ingredient in Wegovy is semaglutide.<\/p>\n

As alleged, Hims & Hers touted and misrepresented to investors the nature of its partnership with Novo Nordisk, including asserting that under the terms of the agreement His & Hers could offer both Wegovy and compounded semaglutide to its customers. Hims & Hers also allegedly represented to investors that its sale of compounded semaglutide complied with FDA regulations.<\/p>\n

\n The Stock Declines as the Truth is Revealed<\/strong>\n <\/p>\n

On June 23, 2025, Novo Nordisk announced that it was terminating the partnership, \u201cbased on Hims & Hers deceptive promotion and selling of illegitimate, knockoff versions of Wegovy that put patient safety at risk\u201d and alleged that Hims & Hers \u201cfailed to adhere to the law which prohibits mass sales of compounded drugs.\u201d On this news, the price of Hims & Hers stock fell $22.24 per share, or more than 34%, from $64.22 per share on June 20, 2025 to $41.98 per share on June 23, 2025.<\/p>\n

\n Click here for more information: <\/strong>
\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/hims-hers-health-inc-class-action<\/strong>
\n <\/a>
\n .<\/strong>\n <\/p>\n

\n What Can You Do?<\/strong>\n <\/p>\n

If you invested in Hims & Hers you may have legal options and are encouraged to submit your information to the firm.<\/p>\n

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.<\/p>\n

\n Submit your information by visiting:<\/strong>\n <\/p>\n

\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/hims-hers-health-inc-class-action<\/strong>
\n <\/a>\n <\/p>\n

Or contact:
Ross Shikowitz
ross@bfalaw.com<\/a>
212-789-3619<\/p>\n

\n Why Bleichmar Fonti & Auld LLP?<\/strong>\n <\/p>\n

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by\u00a0Chambers USA<\/em>,\u00a0The Legal 500<\/em>, and\u00a0ISS SCAS<\/em>, and its attorneys have been named \u201cElite Trial Lawyers\u201d by the\u00a0National Law Journal<\/em>, among the top \u201c500 Leading Plaintiff Financial Lawyers\u201d by\u00a0Lawdragon<\/em>, \u201cTitans of the Plaintiffs\u2019 Bar\u201d by\u00a0Law360<\/em>\u00a0and \u201cSuperLawyers\u201d by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.\u2019s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.<\/p>\n

For more information about BFA and its attorneys, please visit https:\/\/www.bfalaw.com<\/a>.<\/p>\n

\n
\n https:\/\/www.bfalaw.com\/cases-investigations\/hims-hers-health-inc-class-action<\/strong>
\n <\/a>\n <\/p>\n

\n Attorney advertising. Past results do not guarantee future outcomes.<\/em>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, July 12, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Hims & Hers Health, Inc. (NYSE: HIMS) and certain of the Company\u2019s senior executives for potential violations of the federal securities laws. If you invested in Hims & Hers, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases-investigations\/hims-hers-health-inc-class-action. Investors have until August 25, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Hims & Hers securities. The case is pending in the U.S. District Court for the Northern District … <\/p>\n

Continue reading “HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS)”<\/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-868991","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS) - 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\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, July 12, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Hims & Hers Health, Inc. 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The case is pending in the U.S. District Court for the Northern District … Continue reading "HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS)"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-12T11:40:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5Mjc0NyM3MDQyNzk3IzIyOTA5OTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS)\",\"datePublished\":\"2025-07-12T11:40:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\\\/\"},\"wordCount\":630,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ5Mjc0NyM3MDQyNzk3IzIyOTA5OTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\\\/\",\"name\":\"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS) - 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(NYSE: HIMS) and certain of the Company\u2019s senior executives for potential violations of the federal securities laws. If you invested in Hims & Hers, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases-investigations\/hims-hers-health-inc-class-action. Investors have until August 25, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Hims & Hers securities. The case is pending in the U.S. District Court for the Northern District … Continue reading \"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-12T11:40:08+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5Mjc0NyM3MDQyNzk3IzIyOTA5OTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS)","datePublished":"2025-07-12T11:40:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/"},"wordCount":630,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5Mjc0NyM3MDQyNzk3IzIyOTA5OTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hims-fraud-alert-hims-hers-health-inc-34-stock-drop-triggers-securities-fraud-class-action-investors-notified-to-contact-bfa-law-by-august-25-nysehims\/","name":"HIMS FRAUD ALERT: Hims & Hers Health, Inc. 34% Stock Drop Triggers Securities Fraud Class Action \u2013 Investors Notified to Contact BFA Law by August 25 (NYSE:HIMS) - 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