class action lawsuit
The proposed class action lawsuit against the San Diego-based health system alleges that a patient's medical visit was recorded using Abridge without his consent, violating California privacy laws.
The suit alleges Teladoc made misleading claims about its advertising spending related to BetterHelp causing decreased revenues and a substantial drop in its stock price.
Initially filed in 2022, the complaint alleged the company's representatives misled investors following its $18.5 billion acquisition of Livongo.
The class action lawsuit alleges a proxy statement provided to investors before the merger misrepresented the company's financial performance and prospects.