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NEW YORK, NY / ACCESSWIRE / January 16, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against, Teladoc Health, Inc. (''Teladoc'' or the ''Company'') (TDOC) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and indexed under 18-cv-11603, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired Teladoc securities between March 3, 2016, and December 5, 2018, both dates inclusive (the ''Class Period''), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the ''Exchange Act'') and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased Teladoc securities between March 3, 2016 and December 5, 2018, both dates inclusive, you have until February 11, 2019, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here to join this class action]
Teladoc was founded in 2002 and is headquartered in Purchase, New York. The Company provides telehealth services worldwide. The Company offers a portfolio of services and solutions covering 450 medical subspecialties, such as flu and upper respiratory infections, cancer, and congestive heart failure. The Company provides its services through mobile devices, the Internet, video, and phone. The Company serves health plans, health systems, and other entities.
Mark Hirschhorn (''Hirschhorn'') is Executive Vice President (''EVP''), Chief Operating Officer (''COO''), and Chief Financial Officer (“CFO”) of Teladoc. In those capacities, Hirschhorn is responsible for advancing the Company's financial infrastructure and strategic direction and developing Teladoc's industry-leading operations.
At all relevant times, the Company purported to be committed to ''the highest standards of integrity and ethics in the way it conducts business,'' and, to that end, adopted a Code of Business Conduct and Ethics, which applies to all of its employees, officers and directors, including its chief executive officer, chief financial officer, and all other executive and senior officers.