The Federal Trade Commission filed suit on July 29, 2026, accusing the telehealth provider of deceptive privacy practices. According to the complaint, Hims & Hers allegedly shared private health information with third-party advertisers, specifically naming Meta Platforms and Snap. This disclosure triggered a sharp decline in market confidence and a subsequent double-digit slide in the company’s share price.
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Hims & Hers Health Faces Securities Probe Following FTC Privacy Lawsuit
A federal investigation into Hims & Hers Health has been launched by Kessler Topaz Meltzer & Check, LLP, following an FTC lawsuit that alleges the company mishandled sensitive patient medical data. The legal firm is now seeking contact with investors who suffered financial losses after the company’s stock valuation dropped by 14 percent.
Kessler Topaz Meltzer & Check is evaluating potential violations of federal securities laws stemming from these events. Attorney Jonathan Naji is leading the outreach for the firm, inviting affected shareholders to review their legal options regarding potential recoveries. The firm, headquartered in Radnor, Pennsylvania, maintains a track record of managing large-scale securities litigation and class action suits for both individual and institutional investors.
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