FTC sues Hims & Hers for privacy violations, shares drop nearly 15%.

The Federal Trade Commission (FTC) filed a lawsuit against Hims & Hers Health, Inc. on July 29, 2026, accusing the company of illegally sharing customers' medical information with third-party advertisers like Snap and Meta Platforms. This lawsuit alleges deceptive and unlawful privacy practices, leading to a nearly 15% drop in Hims' stock price, harming investors. The Law Offices of Frank R. Cruz is investigating potential securities law violations and urging affected investors to contact them for possible claims to recover losses.