EHTH LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of EHEALTH, INC. Shareholders
March 15, 2022 4:11 PM EDT | Source: Jakubowitz Law
New York, New York--(Newsfile Corp. - March 15, 2022) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of eHealth, Inc. (NASDAQ: EHTH).
CLICK HERE FOR MORE DETAILS:
https://claimyourloss.com/securities/ehealth-inc-loss-submission-form/?id=24732&from=5
Affected shareholders purchased shares of EHTH between April 26, 2018 and July 23, 2020
Shareholders interested in representing the class of wronged shareholders have until March 18, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
The complaint alleges, in part, that: 1) statements made by defendants gave investors the false impression that the commission receivables reported by eHealth had no associated costs; and 2) the Company failed to disclose that eHealth in fact had additional operating expenses that it must incur in order to retain customers and keep them from cancelling their policies within the first year. These costs included the cost of providing "customer care service," and these operating costs had to be offset against any commissions receivable.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116913