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EHEALTH SHAREHOLDER ALERT: Johnson & Weaver, LLP Announces Filing of Class Action Complaint Against Certain Officers and Directors of eHealth, Inc.

2015-01-30 23:31 ET - News Release


Company Website: http://www.johnsonandweaver.com
SAN DIEGO -- (Business Wire)

Shareholder rights law firm Johnson & Weaver, LLP reminds investors that they have until March 27, 2015 to file a motion seeking to be appointed lead plaintiff against eHealth, Inc. (NASDAQ: EHTH).

If you are an eHealth shareholder, we encourage you to contact our firm regarding your rights and options.

Additional Information about the Lawsuit:

eHealth provides online health insurance services for individuals, families and small businesses in the United States.

The Complaint alleges that during the Class Period, Defendants 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.

Plaintiff seeks to recover damages on behalf of all purchasers of eHealth securities during the Class Period. If you wish to serve as a lead plaintiff, you must move the Court no later than March 27, 2015. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you wish to discuss this action, have any questions concerning this notice, or your rights or interests, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.

Contacts:

Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

Source: Johnson & Weaver, LLP

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