Teladoc Health is facing a class action lawsuit alleging the virtual care company misled investors about its business and financial prospects.
The suit, filed yesterday in the Southern District of New York on behalf of defendants who purchased Teladoc shares between October and April, names the company as well as CEO Jason Gorevic and CFO Mala Murthy.
It alleges they made misleading statements or...
Fitbit is facing yet another class action suit, this time over its heart rate monitoring, which plaintiffs claim is inaccurate to a dangerous degree.
“Plaintiffs and many consumers like them have experienced — and testing confirms — that the PurePulse trackers consistently mis-record heart rates by a very significant margin, particularly during exercise,” the suit alleges. “This failure did not...
