NEW YORK, June 22, 2022 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Teladoc Health, Inc.
Shareholders who purchased shares of TDOC during the Class Period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.
CONTACT US HERE:
COURSE PERIOD: October 28, 2021 at April 27, 2022
ALLEGATIONS: The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, negatively impacted BetterHelp and the Teladoc’s chronic care business; (ii) as a result, the growth of these companies was less sustainable than the defendants had led investors to believe; (iii) as a result, Teladoc’s fiscal year 2022 revenue and Adjusted EBITDA projections were unrealistic; (iv) as a result of all of the foregoing, Teladoc would be required to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company’s public statements were materially false and misleading at all material times.
DEADLINE: August 5, 2022 Shareholders should not delay in registering for this class action. Submit your information here: https://securitiesclasslaw.com/securities/teladoc-health-inc-loss-submission-form/?id=28882&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of TDOC during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a principal applicant is August 5, 2022. There is no cost or obligation for you to participate in this deal.
WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.
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