“Hims and Hers shares fall 10% as FTC sues company over data, billing practices”
August 19, 2026
“The FTC alleged Hims and Hers shared sensitive user health information with advertisers including Meta and Snap through tracking technologies without proper consent.
Regulators also accuse the telehealth company of charging customers for prescriptions before provider consultations and making subscriptions difficult to cancel.
Hims and Hers denied wrongdoing in a post on X, calling the lawsuit unsupported after a nearly three-year FTC investigation…”
https://www.cnbc.com/2026/07/29/hims-and-hers-ftc-lawsuit-stock.html