Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Teladoc Health Inc (NYSE: TDOC) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Teladoc Health Inc (NYSE: TDOC) concerning whether a series of statements by Teladoc Health Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 5, 2018, an article published by the Southern Investigative Research Foundation (“SIRF”) detailed an affair between Company CFO Mark Hirschhorn and “an employee many levels below him on the company’s organizational chart.” According to the article, “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.” The article also alleges that Hirschhorn and the employee he engaged in an affair with “liked to trade Teladoc Health’s stock together,” with the CFO “tell[ing] her when he thought there were good opportunities to sell some shares.”
Following this news, NYSE: TDOC fell $6.40 per share or roughly 10.7% over the next two trading days to close at $53.41 per share on December 7, 2018.
Based in Purchase, New York, and founded in 2002 Teladoc Health Inc provides telehealth services worldwide.
If you purchased shares of Teladoc Health Inc (NYSE: TDOC) on or before December 5, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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