NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Hims & Hers Health, Inc. (NYSE: HIMS) (“Hims & Hers” or the “Company”) for potential violations of the federal securities laws.
On July 29, 2026, the Federal Trade Commission (“FTC”), joined by the States of Utah and California, filed a complaint in the U.S. District Court for the Northern District of California alleging that Hims & Hers engaged in deceptive and unlawful business practices. The complaint alleges that Hims & Hers charged consumers for prescriptions immediately upon submission of an online intake form — before a provider had determined that treatment was appropriate — and enrolled consumers in recurring subscriptions without their approval. The complaint further alleges that the Company deliberately made it difficult for consumers to cancel their subscriptions, and that Hims & Hers shared consumers’ sensitive health information with third-party advertising platforms, including Meta and Snap, despite representing to consumers that such information would remain private. The complaint alleges violations of the FTC Act, the Restore Online Shoppers’ Confidence Act, the Utah Consumer Sales Practices Act, and California’s False Advertising and Unfair Competition Laws.
Following this news, [the price of Hims & Hers stock fell $3.05 per share, or approximately 10.40% during intraday trading on July 29, 2026, causing losses to shareholders.
“Our investigation concerns whether the company and its executives provided investors with accurate and complete information about the company,” said attorney Andrea Farah, Lowey Dannenberg, P.C. partner and head of the firm’s securities practice.
If you suffered a loss in Hims & Hers securities, and wish to participate, or learn more about your eligibility, contact our attorneys Andrea Farah (afarah@lowey.com) at (914) 733-7256 or Vincent R. Cappucci Jr. (vcappucci@lowey.com) at (914) 733-7278.
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
Contact
Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: investigations@lowey.com
SOURCE: Lowey Dannenberg
