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hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in Teladoc Health, Inc. (NYSE: TDOC) prior to July 29, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely update guidance despite knowing that the increasing speed of consumer movement towards insurance, provider capacity and network constraints against increased demand, and a more accelerated decline in cash pay users would negatively impact revenue.
On July 29, 2025, the Company reported second quarter earnings, including that the Company’s full year revenue guidance was reduced a ceiling below its prior floor, with Teladoc now only projecting $2.36 billion to $2.45 billion revenue for the full year. BetterHelp’s segment performance was reduced more drastically, with the Company now projecting a loss of 19% to 12.7% for the full year. In the accompanying earnings call held the same day, management explained “[a]s we moved through the second half of May and into June, the increasing speed of consumer movement towards insurance, provider capacity and network constraints against this increased demand, and a more accelerated decline in cash pay users and other factors became more pronounced and persistent than the assumptions underlying our prior outlook. These developments led us to reassess our plans and priorities and accordingly revise our BetterHelp revenue outlook.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Teladoc Health, Inc. (NYSE: TDOC) prior to July 29, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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