Hims & Hers faces FTC lawsuit over privacy breaches, stock drops 14%

Hims & Hers Health, Inc. is under investigation after the FTC sued the company for allegedly sharing customers' medical data with third-party advertisers like Meta Platforms. The lawsuit accuses Hims & Hers of deceptive and unlawful privacy practices. Following the news, Hims & Hers' stock price fell over 14%, prompting a securities litigation law firm to encourage affected investors to seek legal advice. This case highlights risks related to data privacy and could lead to significant legal and financial consequences for the company.