Investigations

GRABAR LAW OFFICE INVESTIGATES CLAIMS FOR SHAREHOLDERS OF HIMS & HERS, INC. (NYSE: HIMS)

Grabar Law Office is investigating claims on behalf of shareholders of Hims & Hers, Inc. (NYSE: HIMS). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

Hims & Hers Health, Inc. is a U.S.-based telehealth company that connects users with licensed healthcare professionals who offer virtual consultations and prescribe medications tailored to a range of health and wellness goals, including hair regrowth, sexual health, and weight loss.

In May 2024, the Company began providing access to compounded injectable semaglutide, a glucagon-like peptide-1 receptor agonist (GLP-1), used for weight loss.

On April 29, 2025, Hims issued a press release which announced a long-term collaboration with Novo Nordisk, starting with the immediate sale of “a bundled offering of Novo Nordisk’s FDA-approved Wegovy® on the Hims & Hers platform.”

A recently filed securities fraud class action complaint alleges that Hims & Hers, Inc. (NYSE: HIMS), via certain of its officers, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Hims was engaged in the “deceptive promotion and selling of illegitimate, knockoff versions of Wegovy that put patient safety at risk;” (2) that, as a result, there was a substantial risk that the Company’s collaboration with Novo Nordisk would be terminated; and (3) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT YOU CAN DO NOW: If you purchased Hims & Hers, Inc. (NYSE: HIMS) shares prior to April 29, 2025 and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.  You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.  If, alternatively, you purchased your shares between April 29, 2025 and June 22, 2025, you can participate in the class action.

 

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