Teladoc hit with investor lawsuit after share price sinks
The lawsuit accuses Teladoc Health and its executives of taking actions that "artificially inflated prices" of the company's stock.
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The lawsuit accuses Teladoc Health and its executives of taking actions that "artificially inflated prices" of the company's stock.
The suit claims Teladoc, CEO Jason Gorevic and CFO Mala Murthy made misleading statements or failed to disclose that increased competition was affecting its BetterHelp mental health segment and its chronic care business.
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Teladoc lost significantly more money in Q1 than expected. Karen Firestone discussed its results on CNBC. Teladoc shares tanked 40%.
Portions of Teladoc Health Inc. were rammed in late-night exchanging Wednesday after the telemedicine organization took a disability charge .