IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Teladoc Health, Inc. ...
December 17 2018 - 8:15AM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against
Teladoc Health, Inc. (“Teladoc Health” or “the Company”) (NYSE:
TDOC) for violations of §§10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the
U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between March 3,
2016 and December 5, 2018, inclusive (the "Class Period"), are
encouraged to contact the firm before February 11, 2019.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, the Company made false and
misleading statements to the market. Teladoc Health’s CFO and COO,
Mark Hirschhorn, carried on an affair with a subordinate.
Hirschhorn and his partner in the inappropriate sexual relationship
engaged in insider trading to enrich themselves based on stock
movement. Hirschhorn also caused the subordinate to receive
promotions she was not qualified to receive, harming the Company’s
performance. The Company’s internal controls and policies were not
sufficient to detect and stop the behavior. Based on these facts,
the Company’s public statements were false and materially
misleading throughout the class period. When the market learned the
truth about Teladoc Health, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20181217005199/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.com310-301-3335info@schallfirm.com
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