FTC lawsuit against Hims & Hers gains five additional state plaintiffs
The Federal Trade Commission filed an amended complaint that adds Arizona, Florida, Nebraska, Ohio and Wisconsin to the states already suing Hims & Hers Health for alleged deceptive privacy and billing practices. The complaint was filed in the U.S. District Court for the Northern District of California. Hims & Hers said it will vigorously defend against the new claims, which allege the company shared patients' health data with third‑party advertisers.
Why it matters
The expanded state participation increases regulatory pressure on Hims & Hers and could lead to higher legal costs or settlement obligations, affecting the company’s financial outlook. Investors should watch for potential impacts on the stock’s valuation and any disclosed penalties.
Key facts
- 1The FTC’s amended complaint adds Arizona, Florida, Nebraska, Ohio and Wisconsin to the lawsuit. investing.com
- 2Utah and California were already parties to the original complaint. investing.com
- 3The complaint was filed in the U.S. District Court for the Northern District of California. centraloregondaily.com
- 4Hims & Hers spokesperson said the company will vigorously defend against the new claims. centraloregondaily.com
- 5The FTC alleges the company shared consumers' sensitive health information with third‑party advertising platforms such as Meta Platforms and Snap. centraloregondaily.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.