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Wednesday, September 28, 2022

2022-08-01 | NYSE:TDOC | Press Release


New York, New York–(Newsfile Corp. – August 1, 2022) – The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased Teladoc Health, Inc. (NYSE: TDOC) (“Teladoc”) between October 28, 2021 and April 27, 2022.

If you suffered a loss, contact us at the link below. There is no cost or obligation to you.

https://www.wongesq.com/pslra-1/teladoc-health-inc-loss-submission-form-2?prid=30468&wire=5

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Allegations against TDOC include that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc’s BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc’s revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Teladoc you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.

39 East Broadway

Suite 304

New York, NY 10002

Tel. 212.425.1140

Fax. 866.699.3880

E-Mail: vw@wongesq.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132535



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