NEW
YORK, July 13, 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 listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/teladoc-health-inc-loss-submission-form/?id=29738&from=4
CLASS PERIOD: October 28,
2021 to April 27, 2022
ALLEGATIONS: The complaint alleges that during the class
period, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (i) increased
competition, among other factors, was negatively impacting
Teladoc's BetterHelp and chronic care businesses; (ii) accordingly,
the growth of those businesses was less sustainable than Defendants
had led investors to believe; (iii) as a result, Teladoc's revenue
and adjusted EBITDA projections for FY 2022 were unrealistic; (iv)
as a result of all the foregoing, Teladoc would be forced 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 relevant times.
DEADLINE: August 5, 2022
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/teladoc-health-inc-loss-submission-form/?id=29738&from=4
NEXT STEPS FOR
SHAREHOLDERS:
Once you register as a shareholder who purchased shares of TDOC
during the timeframe listed above, you will be enrolled in a
portfolio monitoring software to provide you with status updates
throughout the lifecycle of the case. The deadline to seek to be a
lead plaintiff is August 5, 2022.
There is no cost or obligation to you to participate in this
case.
WHY GROSS LAW FIRM?
The Gross Law Firm is nationally recognized class action law
firm, and our mission is to protect the rights of all investors who
have suffered as a result of deceit, fraud, and illegal business
practices. The Gross Law Firm is committed to ensuring that
companies adhere to responsible business practices and engage in
good corporate citizenship. The firm seeks recovery on behalf of
investors who incurred losses when false and/or misleading
statements or the omission of material information by a company
lead to artificial inflation of the company's stock. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm