Company: | eHealth, Inc, |
Ticker Symbol: | Nasdaq:EHTH |
Class Period: | Oct-13-14 to Jan-14-15 |
Date Filed: | Feb-18-15 |
Lead Plaintiff Deadline: | Apr-19-15 |
Court: | Northern District of California. |
Allegations: |
According to the lawsuit, eHealth and certain of its officers and directors issued materially false and misleading statements about the Company's true financial condition and prospects. On January 14, 2015, eHealth lowered its fiscal year 2014 revenue guidance to a range of $178 to $180 million from its prior revenue guidance in the range of $185 million to $194 million. The Company attributed the revision in part to lower than expected applications for its Individual & Family Plan. On this news, shares of eHealth fell $11.38 per share or almost 55% from its previous closing price to close at $9.42 per share on January 14, 2015, damaging investors.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.