NEW YORK, June 11, 2022 (GLOBE NEWSWIRE) –
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action action on behalf of the purchasers of the securities of Teladoc Health, Inc. (NYSE: TDOC) between October 28, 2021 and April 27, 2022, both including the dates (the “Class Period”). If you wish to serve as the main plaintiff, you must move the court within and no further than 5th August2022.
SO: If you purchased Teladoc Health securities during the Class Period, you may be entitled to compensation without paying any commissions or out-of-pocket costs through an emergency commission agreement.
WHAT TO DO NEXT: To join Teladoc Health’s collective action, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. Toll-free 866-767-3653 or email pkim @ rosenlegal. com or [email protected] for information on class action. A class action has already been filed. If you wish to serve as the main plaintiff, you must move the court within and no further than 5th August2022. A principal plaintiff is a representative party acting on behalf of other class members in the direction of the litigation.
WHY ROSEN LAW: We encourage investors to select qualified advisors with a successful track record in leadership roles. Often, companies issuing alerts lack comparable experience, resources, or any significant peer recognition. Be wise in choosing your advice. The Rosen Law Firm represents investors around the world, focusing its practice in class action on securities and shareholder-derived litigation. Rosen law firm secured the largest class action settlement ever against a Chinese company. Rosen law firm was ranked No. 1 by ISS Securities Class Action Services for number of collective stock agreements in securities in 2017. The company 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 company secured over $ 438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as the Titan of plaintiffs’ attorneys. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants during the lecture period made false and / or misleading statements and / or did not disclose that: (1) the increased competition, among other factors, had a negative impact on Teladoc’s BetterHelp Health and chronic care activities; (2) as a result, the growth of such assets was less sustainable than the defendants had led the investors to believe; (3) as a result, Teladoc Health’s revenue and adjusted EBITDA projections for fiscal year 2022 were not realistic; (4) as a result of all the above, Teladoc Health would be forced to recognize a significant impairment charge on non-monetary goodwill; and (5) accordingly, the defendants’ public statements were substantially false and misleading at all relevant times. When the real details entered the market, the lawsuit claims that the investors suffered damage.
To join Teladoc Health’s collective action, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. Toll-free 866-767-3653 or email pkim @ rosenlegal. com or [email protected] for information on class action.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can select a consultant of your choice. You can also remain an absent class member and do nothing at this point. An investor’s ability to participate in any potential future recovery does not depend on serving as a major player.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827