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CLASS ACTION UPDATE for EHTH, PSFE and DM: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Monday, 17 January 2022 01:15 PM

Levi & Korsinsky, LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / January 17, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

EHTH Shareholders Click Here: https://www.zlk.com/pslra-1/ehealth-inc-loss-form?prid=22156&wire=1
PSFE Shareholders Click Here: https://www.zlk.com/pslra-1/paysafe-limited-f-k-a-foley-trasimene-acquisition-corp-ii-loss-submission-form?prid=22156&wire=1
DM Shareholders Click Here: https://www.zlk.com/pslra-1/desktop-metal-inc-loss-submission-form?prid=22156&wire=1

* ADDITIONAL INFORMATION BELOW *

Levi & Korsinsky, LLP, Monday, January 17, 2022, Press release picture

eHealth, Inc. (NASDAQ:EHTH)

EHTH Lawsuit on behalf of: investors who purchased April 26, 2018 - July 23, 2020
Lead Plaintiff Deadline : March 18, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/ehealth-inc-loss-form?prid=22156&wire=1

The complaint alleges, in part, that: 1) statements made by defendants gave investors the false impression that the commission receivables reported by eHealth had no associated costs; and 2) the Company failed to disclose that eHealth in fact had additional operating expenses that it must incur in order to retain customers and keep them from cancelling their policies within the first year. These costs included the cost of providing "customer care service," and these operating costs had to be offset against any commissions receivable

Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II (NYSE:PSFE)

PSFE Lawsuit on behalf of: investors who purchased December 7, 2020 - November 10, 2021
Lead Plaintiff Deadline : February 8, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/paysafe-limited-f-k-a-foley-trasimene-acquisition-corp-ii-loss-submission-form?prid=22156&wire=1

According to the filed complaint, during the class period, Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II made materially false and/or misleading statements and/or failed to disclose that: (1) Paysafe was being negatively impacted by gambling regulations in key European markets; (2) Paysafe was encountering performance challenges in its Digital Wallet segment; (3) new eCommerce customer agreements were being pushed back; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Desktop Metal, Inc. (NYSE:DM)

DM Lawsuit on behalf of: investors who purchased March 15, 2021 - November 15, 2021
Lead Plaintiff Deadline : February 22, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/desktop-metal-inc-loss-submission-form?prid=22156&wire=1

According to the filed complaint, during the class period, Desktop Metal, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) there were deficiencies in Desktop Metals' acquisition EnvisionTEC's manufacturing and product compliance practices and procedures; (2) the foregoing deficiencies presented a material risk to the commercialization of EnvisionTEC's products; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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