Shareholders Foundation, Inc.

NASDAQ:EHTH Investor Notice: Deadline on June 8, 2020 in Lawsuit Against eHealth, Inc.

A Deadline is coming up on June 8, 2020 in the lawsuit for certain investors in eHealth, Inc. (NASDAQ:EHTH) and NASDAQ:EHTH stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 05/26/2020 -- The Shareholders Foundation announced that a deadline is coming up on June 8, 2020 in the lawsuit filed for certain investors of eHealth, Inc. (NASDAQ: EHTH).

Investors who purchased shares of eHealth, Inc. (NASDAQ: EHTH) have certain options and there are strict and short deadlines running. Deadline: June 8, 2020. NASDAQ: EHTH stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of eHealth, Inc. (NASDAQ: EHTH) common shares between March 19, 2018 and April 7, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 19, 2018 and April 7, 2020, the defendants misrepresented and/or failed to disclose to investors that it had highly aggressive accounting and modeling assumptions, that it suffered from skyrocketing rate of member churn, resulting from eHealth's pursuit of low quality, lossmaking growth, that it relied on direct response television advertising, which attracts an unprofitable, high churn enrollee, and that as a result of the foregoing, defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of eHealth, Inc. (NASDAQ: EHTH) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.