SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

February 02, 2015 15:44 ET

EHTH SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Notifies Investors of Class Action Against eHealth, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of March 27, 2015 -- EHTH

NEW YORK, NY--(Marketwired - Feb 2, 2015) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased eHealth, Inc. ("eHealth" or the "Company") (NASDAQ: EHTH) securities between October 31, 2014 and January 14, 2015.

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The complaint alleges that the Company made false and/or misleading statements regarding its business, operations, and prospects. On January 14, 2015, the Company reported expected quarterly revenues of $43-45 million, and losses per share of $0.47 to $0.58, well below the consensus revenues of $56.2 million and $0.11 per-share losses. The Company attributed the revision in part to lower than expected applications for its Individual & Family Plan. As a result of this news, eHealth's shares dropped almost 55% to $9.42 per share.

If you suffered a loss in eHealth you have until March 27, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

    Levi & Korsinsky, LLP
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510