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SAN DIEGO, Feb. 5, 2022 /PRNewswire/ — The law firm of Robbins Geller Rudman & Dowd LLP announces that it has filed a class action lawsuit – Baron v. Talkspace, Inc., No. 22-cv-00163 (SDNY) – seeking to represent holders of Talkspace, Inc. (NASDAQ:TALK) common stock as of the record date for the special meeting of shareholders held on June 17, 2021 to consider approval of the merger between Talkspace and Hudson Executive Investment Corporation (“HEIC”) and entitled to vote on the merger. A similar lawsuit – Valdez v. Talkspace, Inc., No. 22-cv-00840 (SDNY) – is also pending seeking to represent purchasers of Talkspace securities between June 11, 2020 and November 15, 2021, both dates inclusive (the “Class Period”). The Talkspace class action lawsuit was initiated on January 7, 2022 and charges Talkspace and other defendants with violations of the Securities Exchange Act of 1934.
The Baron plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint by clicking here.
If you suffered significant losses and wish to serve as lead plaintiff of the Talkspace class action lawsuit, please provide your information by clicking here. You can also contact attorney JC Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Talkspace class action lawsuit must be filed with the court no later than March 8, 2022.
CASE ALLEGATIONS: Talkspace is a behavioral healthcare company that markets itself as being enabled by a “purpose-built technology platform.” Talkspace’s platform serves two different business channels: (i) business-to-consumer (“B2C”), comprised of individual consumers who subscribe directly on Talkspace’s platform; and (ii) business-to-business (“B2B”), comprised of large enterprise clients such as Google and Expedia and large health plans and employee assistance programs. Talkspace began as HEIC, a blank check company ( also…
Full story available on Benzinga.com
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