Hims & Hers Health, Inc. Class Action Lawsuit: Investors May Be Entitled to Compensation

Strategic Insights -

Investors who purchased common stock of Hims & Hers Health, Inc. (NYSE: HIMS) between April 29, 2025, and June 23, 2025, may be entitled to compensation due to alleged false and misleading statements made by the company's defendants. A class action lawsuit has been filed, and investors have until August 25, 2025, to join the case as lead plaintiff. Rosen Law Firm, a global investor rights law firm, is representing investors in this case.

Key Takeaways:

  • The class action lawsuit alleges that Hims & Hers Health, Inc.'s defendants made false and misleading statements about the company's partnership with pharmaceutical company Novo Nordisk A/S and the availability of the weight-loss drug Wegovy for Hims subscribers.
  • The lawsuit claims that investors suffered damages when the true details about the partnership and Wegovy's availability entered the market.
  • Investors who purchased common stock of Hims & Hers Health, Inc. during the class period (April 29, 2025, to June 23, 2025) may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
  • The Rosen Law Firm represents investors throughout the globe and has a track record of success in securities class actions and shareholder derivative litigation.
  • The firm has achieved the largest ever securities class action settlement against a Chinese company and has been ranked in the top 4 each year since 2013.

Statistics:

  • 2,459,000 shares of Hims & Hers Health, Inc. common stock were traded during the class period (April 29, 2025, to June 23, 2025).
  • The Hims class action lawsuit seeks to recover damages for investors who purchased Hims common stock during this period.
  • Rosen Law Firm has secured over $438 million for investors in 2019 alone.
  • The firm has been ranked in the top 4 each year since 2013.

Sources:

  • Newsfile Corp. - August 21, 2025
  • Rosen Law Firm - https://www.rosenlegal.com/
  • ISS Securities Class Action Services
  • Law360
  • Lawdragon
  • Super Lawyers