eHealth, Inc. Investigated for Securities Law Violations; Investors Who Lost Money Should Contact Block & Leviton LLP For A Free Case Evaluation

BOSTON, April 08, 2020 (GLOBE NEWSWIRE) — Block & Leviton LLP (www.blockesq.com), a national securities litigation firm, announces that it has launched an investigation into potential securities fraud by eHealth, Inc. (NASDAQ: EHTH) and certain of its officers.  Investors who have lost money are encouraged to contact the firm for a free case evaluation. 
This morning, analyst Muddy Waters Research issued a report providing that eHealth’s management may have misled investors regarding, among other things, member churn and on how eHealth books its revenue.  Muddy Waters wrote that EHTH’s “member churn . . . skyrocketed,” and concluded “that EHTH is pursuing low quality, lossmaking growth while its LTVs are based on lower churn, pre-growth cohorts.”  The stock is presently down approximately 17%.If you purchased or acquired shares of EHTH and have questions about your legal rights or possess information relevant to this matter, please contact Block & Leviton attorneys at (617) 398-5600, via email at [email protected], or at https://shareholder.law/ehth. Block & Leviton LLP is a firm dedicated to representing investors and maintaining the integrity of the country’s financial markets.  The firm represents many of the nation’s largest institutional investors as well as individual investors in securities litigation throughout the United States.  The firm’s lawyers have recovered billions of dollars for its clients.This notice may constitute attorney advertising.CONTACT:
BLOCK & LEVITON LLP
260 Franklin St., Suite 1860
Boston, MA 02110
Phone: (617) 398-5600
Email: [email protected]
SOURCE: Block & Leviton LLP
www.blockesq.com
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