#United States #New York #Charles C. Foti #Kahn Swick #Hims & Hers

Hims & Hers Health Shareholder Alert

Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued an important notice to investors in Hims & Hers Health, Inc., urging those who have incurred losses exceeding $100,000 to consider joining a class action lawsuit. The deadline to apply as a lead plaintiff is August 25, 2025, targeting those who purchased securities between April 29 and June 23, 2025.

This impending class action revolves around serious allegations against Hims & Hers, particularly concerning the company's disclosure practices and the legality of its operations. The lawsuits highlight possible violations of federal securities laws, as the company is accused of withholding critical information from investors during the specified class period.

On June 23, 2025, Hims & Hers faced a significant setback when Novo Nordisk publicly terminated its partnership with the company. This announcement raised alarms regarding the company’s adherence to legal standards, particularly in marketing compounded drugs. The report suggested that the pharmaceuticals sold under the guise of 'personalization' may not have followed safety protocols, endangering patient health. This news led to an immediate decline in Hims & Hers stock price, plummeting by 34.6%, which equates to a drop of $22.24, closing at $41.98 per share. Such drastic changes in stock value have sparked investor concern and led many to reassess their position in Hims & Hers.

The implications of these allegations are profound, as they signal potential wrongdoing at a corporate level that might have led to considerable financial losses for investors. KSF urges individuals who believe they have been affected to seek legal counsel about their rights and options moving forward. Interested parties can contact KSF’s Managing Partner Lewis Kahn via the provided contact details to discuss the matter without obligation.

For Hims & Hers Health, Inc., the litigation presents not only a legal challenge but also a significant reputational risk. The class actions against them claim violations of investors' trust, and the unfolding circumstances will need careful scrutiny by the courts. Such cases often set precedents in how corporations disclose crucial operations information to their stakeholders.

In conclusion, if you have suffered losses in excess of $100,000 as a result of your investment in Hims & Hers during the specified period, it is critical to act promptly and seek the opportunity to become an active participant in the legal process. With the deadline approaching, swift action is necessary to secure your rights as an investor and potentially recover losses incurred as a result of the company's recent disclosures. For further information, reach out to Kahn Swick & Foti, or visit their website to stay updated on related developments concerning this case and others like it.