NYSE:HIMSHealthcare
Hims & Hers Health (HIMS) Is Down 9.9% After FTC And Class Action Privacy Allegations - What's Changed
Earlier this month, Hims & Hers Health faced intensified legal pressure as the FTC, joined by California and Utah authorities, filed a civil enforcement complaint alleging misleading subscription practices and privacy misrepresentations, which was quickly followed by a consumer class action accusing the company of sharing sensitive health data with advertisers without consent.
This legal escalation arrives just days after Hims & Hers reported higher quarterly sales of US$753.21 million but...