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eHealth, Inc. (NASDAQ: EHTH) Investor Alert: New Deadline in Lawsuit coming up on March 18, 2022

01-27-2022 04:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit was filed on behalf of investors in eHealth, Inc. (NASDAQ: EHTH) shares over alleged securities laws violations.

A lawsuit was filed on behalf of investors in eHealth, Inc. (NASDAQ: EHTH) shares over alleged securities laws violations.

A new deadline is coming up on March 18, 2022 in the lawsuit that is pending for certain investors in shares of shares of eHealth, Inc. (NASDAQ: EHTH.

If you purchased shares of eHealth, Inc. (NASDAQ: EHTH) between April 26, 2018 and July 23, 2020, and / or if you purchased any NASDAQ: EHTH shares prior to April 2018 and continue to hold any of those shares, you have certain options and for certain investors are short and strict deadlines running. Deadline: March 18, 2022. NASDAQ: EHTH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Shares of eHealth, Inc. (NASDAQ: EHTH) declined to as low as $93.06 per share on April 8, 2020.

According to the complaint the plaintiff alleges on behalf of purchasers of eHealth, Inc. (NASDAQ: EHTH) common shares between April 26, 2018 and July 23, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 26, 2018 and July 23, 2020, the defendants misrepresented and/or failed to disclose to investors that it had highly aggressive accounting and modeling assumptions, that it suffered from skyrocketing rate of member churn, resulting from eHealth's pursuit of low quality, lossmaking growth, that it relied on direct response television advertising, which attracts an unprofitable, high churn enrollee, and that as a result of the foregoing, defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of eHealth, Inc. (NASDAQ: EHTH) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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