NASDAQ: GDRX Lawsuit Update: Investors Who Lost Money With GoodRx Holdings, Inc. (NASDAQ: GDRX) Shares Should Contact the Shareholders Foundation

SAN DIEGO, CA, August 23, 2024 (Newswire.com)
–
The Shareholders Foundation, Inc. announced that an update in the lawsuit that is pending for certain investors in shares of GoodRx Holdings, Inc. (NASDAQ:GDRX). Investors in NASDAQ:GDRX shares should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The Shareholders Foundation, Inc. announced that an update in the lawsuit that is pending for certain investors in shares of GoodRx Holdings, Inc. (NASDAQ:GDRX).

Investors who purchased shares of GoodRx Holdings, Inc. (NASDAQ:GDRX) prior to September 2020 and continue to hold any of those NASDAQ:GDRX shares, have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

On April 22, 2024, an investor in NASDAQ:GDRX shares filed a lawsuit against GoodRx Holdings, Inc. alleging violations of securities laws. The plaintiff alleges that the defendants made materially false and/or misleading statements, as well as failed to disclose that: (1) while Kroger accounted for less than 5% of the pharmacies accepting GoodRx discounts, Kroger was responsible for nearly 25% of GoodRx’s total prescription transactions revenue (the Company’s primary revenue stream); and (2) Kroger could unilaterally cease accepting GoodRx discounts, cutting off some or all of GoodRx’s revenues for purchases at Kroger’s pharmacies; and (3) as a result, Defendants’ representations about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

On July 23, 2024, the court appointed a lead plaintiff and lead counsel in the case.

Those who purchased GoodRx Holdings, Inc. (NASDAQ:GDRX) shares and continue to hold any of those NASDAQ:GDRX shares long-term, have also certain options and should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information
Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.

Related Media