Berger Montague, a nationally recognized securities litigation firm, is investigating potential claims on behalf of investors who purchased or otherwise acquired securities of Hims & Hers Health, Inc. (“Hims & Hers” or the “Company”).
Hims & Hers headquartered in San Francisco, California, is a telehealth company that offers prescription treatments for weight loss, sexual health, mental health, and dermatology. Recently, the company expanded into the GLP-1 medication market, a class of drugs used to treat obesity and type 2 diabetes, including semaglutide, the active ingredient in Wegovy® and Ozempic®, developed by Novo Nordisk.
On June 23, 2025, Novo Nordisk announced the termination of its partnership with Hims & Hers, alleging that the company engaged in deceptive marketing and sold unapproved compounded versions of semaglutide. Following the announcement, shares of Hims & Hers declined by over 26% in intraday trading, reflecting investor concerns regarding regulatory compliance and reputational risks.
Berger Montague’s investigation focuses on whether Hims & Hers and certain officers and directors made materially false or misleading statements or omitted material information regarding the nature and regulatory status of its GLP-1 offerings, the associated risks, and the partnership with Novo Nordisk.
If you are a Hims & Hers investor and would like to learn more about our investigation, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.net.
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