SAN DIEGO, June 06, 2022 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP, announces that it is investigating claims on behalf of investors in Teladoc Health, Inc. (NYSE: TDOC ). Specifically, Johnson Fistel’s investigation seeks to determine whether the company made false or misleading statements or failed to disclose relevant information to investors.
What is Johnson Fistel investigating? On April 27, 2022, Teladoc released its financial results for the three months ended March 31, 2022. Additionally, Teladoc lowered its revenue guidance for the remainder of the year. The company had previously announced to the market at its analyst day that in November 2021, its revenue would increase 28% year-over-year in 2022. Then, in February 2022, Teladoc revised its forecast again on the rise.
Following this news, shares of Teladoc plunged more than 45% in the early morning of April 28, 2022.
What actions can I take at this time? If you purchased Teledoc securities and suffered significant losses on your investment, contact Johnson Fistel, LLP to submit your losses:
What if I have information relevant to the investigation? Individuals with nonpublic information about Teledoc should consider participating in our investigation or taking advantage of the SEC’s Whistleblower Program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or [email protected].
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivatives and securities class actions. Johnson Fistel is seeking to recover losses incurred due to violations of federal securities laws. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Lawyer advertisement. Past results do not guarantee future results.
Johnson Fistel, LLP
Jim Baker, 619-814-4471