Investigation announced for Investors in shares of Hims & Hers Health, Inc. (NYSE: HIMS) over potential Wrongdoing

An investigation was announced for long-term investors in shares of Hims & Hers Health, Inc. (NYSE: HIMS) concerning potential breaches of fiduciary duties by certain directors of Hims & Hers Health, Inc.

Investors who are current long term investors in Hims & Hers Health, Inc. (NYSE: HIMS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: HIMS stocks follows a lawsuit filed against Hims & Hers Health, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: HIMS stocks, concerns whether certain Hims & Hers Health, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that, the Defendants failed to disclose to investors that Hims & Hers Health, Inc. was engaged in the "deceptive promotion and selling of illegitimate, knockoff versions of Wegovy that put patient safety at risk;", that, as a result, there was a substantial risk that the Company's collaboration with Novo Nordisk would be terminated, and that, as a result of the foregoing, the Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Hims & Hers Health, Inc. (NYSE: HIMS) 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.

This release was published on openPR.