LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of eHealth, Inc. (“eHealth” or “the Company”) (NASDAQ: EHTH) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. eHealth is the subject of a research report released by Muddy Waters Research on April 8, 2020. According to the report, “highly aggressive accounting masks what we believe is a significantly unprofitable business.” It also alleged that the Company “misleadingly downplay[ed] the need for ongoing service and retention.” Based on this news, shares of eHealth fell sharply in intraday trading.
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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.
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