Investors Alert: Hims & Hers Faces Class Action Lawsuit Risks

Author: Dylan Bailey Updated: 07-28-2025 05:14 PM

Investigation of Securities Fraud at Hims & Hers Health

PHILADELPHIA, July 28, 2025 -- Berger Montague, a prominent law firm specializing in securities litigation, is actively investigating Hims & Hers Health Inc. (NYSE: HIMS) for potential securities fraud. This investigation focuses on the period from April 29, 2025, to June 22, 2025, where Hims & Hers may have violated federal securities laws by misleading investors through false statements.

Significant Stock Price Drop

On June 23, 2025, the stock of Hims & Hers experienced a dramatic decline of over 34%. This plummet occurred after a major announcement from Novo Nordisk, revealing that it had terminated its partnership with Hims due to complaints regarding the company's unauthorized marketing and sale of compounded semaglutide drugs. The revelation has led to concerns about material misstatements and omissions, prompting legal action.

Deadline for Lead Plaintiff Applications

Investors who have suffered losses during the designated Class Period have until August 25, 2025, to apply for lead plaintiff status in the class-action lawsuit. The lead plaintiffs play a crucial role in directing the case and representing the interests of fellow investors who have also been affected.

How to Get Involved

If you're an investor in Hims & Hers, it's essential to understand your rights and potential courses of action. For assistance, you can reach out to Berger Montague. Andrew Abramowitz, a senior counsel, is available at (215) 875-3015, or you can contact Caitlin Adorni at (267) 764-4865.

About Berger Montague

Founded in 1970, Berger Montague has established itself as a leader in securities class action litigation. With offices across multiple regions, the firm has represented countless individual and institutional investors over the decades. Their experience equips them to handle complex securities fraud cases effectively.

Contact Information

To learn more about the ongoing investigation and your potential involvement, reach out to:

Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com

Caitlin Adorni
Berger Montague
(267) 764-4865
cadorni@bergermontague.com

Frequently Asked Questions

What is the reason for the class action against Hims & Hers?

The class action is prompted by significant stock price drops following allegations of securities fraud.

What is the deadline to pursue claims?

Investors must act by August 25, 2025, to be eligible to become lead plaintiffs in the lawsuit.

Who can join the class action?

Any investor who purchased shares during the Class Period and suffered losses may join.

How can I contact Berger Montague?

Investors can contact Andrew Abramowitz or Caitlin Adorni via phone or email for more information.

What constitutes securities fraud?

Securities fraud involves misleading investors, making false statements, or omitting key information about a company's performance.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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