ATLANTA--(BUSINESS WIRE)--Holzer & Holzer LLC announces that a class action lawsuit has been filed on behalf of investors who purchased eHealth, Inc. (“eHealth” or the “Company”) (NASDAQ: EHTH) securities between March 19, 2018 and April 7, 2020.
The complaint, filed in the U.S. District Court for the Northern District of California, alleges that eHealth failed to adequately disclose its aggressive accounting and modeling assumptions and omitted material information about its increasing rate of member churn resulting from eHealth’s pursuit of low quality, lossmaking growth. The price of eHealth securities fell following the announcement.
If you purchased shares of eHealth securities between March 19, 2018 and April 7, 2020 and suffered significant losses on that investment, you are encouraged to contact Corey D. Holzer, Esq. at firstname.lastname@example.org or Luke R. Kennedy at email@example.com, or through www.holzerlaw.com to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.