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Lawsuit for Investors in shares of Teladoc Health, Inc. (NYSE: TDOC) announced by Shareholders Foundation

TDOC

SAN DIEGO, CA / ACCESSWIRE / January 22, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of Teladoc Health, Inc. (NYSE: TDOC) over alleged securities laws violations by Teladoc Health, Inc.

Investors, who purchased shares of Teladoc Health, Inc. (NYSE: TDOC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On December 5, 2018, an article was published reporting that Teladoc's CFO, Hirschhorn, had engaged ''in an affair with . . . an employee many levels below him on the company's organizational chart.'' The article stated that ''during their relationship, [the employee] received a series of promotions over colleagues with either more industry experience or better credentials that stunned her former colleagues.'' In addition, the article reported that the employee and Hirschhorn ''liked to trade Teladoc Health's stock together,'' with Hirschhorn ''tell[ing] her when he thought there were good opportunities to sell some shares.''

The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Hirschhorn was engaged in an inappropriate sexual relationship with a subordinate, that Hirschhorn and this subordinate engaged in insider trading to provide themselves with undue benefits, that Hirschhorn caused the subordinate to receive promotions for which she was unqualified, thereby negatively impacting the Company's operations, that the Company's enforcement of its own purported employment and trading policies were inadequate to prevent the foregoing conduct, and that as a result, the Company's public statements were materially false and misleading at all relevant times

Those who purchased Teladoc Health, Inc. (NYSE: TDOC) shares should contact the Shareholders Foundation, Inc.

CONTACT:

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

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

SOURCE: Shareholders Foundation, Inc.



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