NEW YORK, March 17, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in eHealth, Inc. ("eHealth" or the "Company") (NASDAQ: EHTH) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of eHealth investors who were adversely affected by alleged securities fraud between April 26, 2018 and July 23, 2020. Follow the link below to get more information and be contacted by a member of our team:
https://www.zlk.com/pslra-1/ehealth-inc-loss-form?prid=24746&wire=4
EHTH investors may also contact Joseph E. Levi, Esq. via email
at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS: 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.
WHAT'S NEXT? If you suffered a loss in eHealth during the relevant time frame, you have until March 18, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP
![](https://rt.prnewswire.com/rt.gif?NewsItemId=NY94711&Transmission_Id=202203170600PR_NEWS_USPR_____NY94711&DateId=20220317)
Share this article