NEW YORK, July 17, 2022 (WORLD NEWS CABLE) —
WHY: New York, NY – July 17, 2022 – The Rosen Law Firm, a global investor rights law firm, reminds buyers of the securities of Teladoc Health, Inc. TOC between October 28, 2021 and April 27, 2022, both dates inclusive (the “Class Period”), of the important August 5, 2022 Deadline for Lead Plaintiff.
AND THAT: If you purchased Teladoc Health securities during the Class Period, you may be entitled to compensation without payment of any fees or out-of-pocket costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Teladoc Health class action lawsuit, go to https://rosenlegal.com/send-form/?case_id=6818 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit. A class action lawsuit has already been filed. If you want to serve as lead plaintiff, you must transfer to the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct the litigation.
WHY ROSEN’S LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often the companies that issue ads do not have comparable experience, resources, or any significant recognition from their peers. Many of these firms do not actually handle securities class action lawsuits, but are simply intermediaries who refer clients or partner with law firms that actually litigate the cases. Be wise in selecting an attorney. The Rosen Law Firm represents investors around the world, concentrating its practice on securities class action and shareholder derivative litigation. The Rosen Law Firm has achieved the largest securities class action settlement in history against a Chinese company. The Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm secured more than $438 million for investors. In 2020, law360 named founding partner Laurence Rosen as a Titan of the Plaintiffs Bar Association. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) increased competition, among other factors, was negatively affecting chronic care businesses and BetterHelp from Teladoc Health; (2) consequently, the growth of those businesses was less sustainable than the defendants had led investors to believe; (3) as a result, Teladoc Health’s fiscal year 2022 revenue and adjusted EBITDA projections were unrealistic; (4) as a result of all of the above, Teladoc Health would be required to recognize a significant non-cash goodwill impairment charge; and (5) as a result, the defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the suit claims that investors suffered damages.
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To join the Teladoc Health class action lawsuit, go to https://rosenlegal.com/send-form/?case_id=6818 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can select the attorney of your choice. You can also remain a member of the absent class and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on him acting as the lead claimant.
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Laurence Rosen, Esq.
Philip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827