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eHealth, Inc, Nasdaq:EHTH Securities Lawsuit

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Company: eHealth, Inc,
Ticker Symbol: Nasdaq:EHTH
Class Period: Oct-13-14 to Jan-14-15
Date Filed: Feb-18-15
Lead Plaintiff Deadline: Apr-19-15
Court: Northern District of California.
Allegations:
Los Angeles, CA: A securitries class action lawsuit has been filed on behalf of purchasers of eHealth, Inc. stock (Nasdaq:EHTH) between October 31, 2014 and January 14, 2015. No class has yet been certified.

According to the lawsuit, eHealth and certain of its officers and directors 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. On this news, shares of eHealth fell $11.38 per share or almost 55% from its previous closing price to close at $9.42 per share on January 14, 2015, damaging investors.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

eHealth, Inc, Nasdaq:EHTH Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible eHealth, Inc, securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.

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