Hims & Hers Responds to FTC Lawsuit

Key Terms

federal trade commission regulatory

The Federal Trade Commission is a U.S. government agency that enforces rules to keep markets competitive and protect consumers from deceptive or unfair business practices, acting like a referee for the marketplace. Its actions matter to investors because investigations, fines, required changes to business practices, or blocked mergers can raise costs, slow growth or damage reputation, any of which can affect a company's stock value.

telehealth medical

Telehealth is the delivery of healthcare services and consultations remotely using video calls, phone, text messaging, or connected devices to monitor and transmit medical information. It matters to investors because it can reshape how patients access care, lower costs, and create new revenue streams or risks for healthcare providers, insurers and technology companies—similar to how online banking changed financial services—while also exposing businesses to reimbursement and regulatory shifts.

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SAN FRANCISCO--(BUSINESS WIRE)-- Hims & Hers Health, Inc. (NYSE: HIMS) responded to the lawsuit filed today by the Federal Trade Commission (FTC):

This lawsuit disregards substantial evidence we provided the FTC during its nearly three-year investigation, ignores established state laws and industry standards in telehealth, and contorts the law to try to manufacture claims. This is not enforcement grounded in consumer protection; it is an effort to generate headlines at our expense. We are confident in our position and will vigorously defend ourselves against these baseless claims.

We’ve long shared the goal of the FTC’s new Healthcare Task Force to create a more competitive, innovative, affordable, and higher-quality healthcare system. Since 2017, millions of people have relied on Hims & Hers for access to convenient and affordable care, and we are proud of that record. Our customers have the information they need to make informed decisions about their care and the use of our services. And our Privacy Policy makes clear that they may choose how their data is used, and that information patients share with their healthcare providers is used only in providing care. The trust our customers place in us is the foundation of our business, and we have continued to strengthen our processes and systems as we have grown.

About Hims & Hers Health, Inc

Hims & Hers is the leading health and wellness platform on a mission to help the world feel great through the power of better health. We believe how you feel in your body and mind transforms how you show up in life. That’s why we’re building a future where nothing stands in the way of harnessing this power. Hims & Hers normalizes health & wellness challenges—and innovates on their solutions—to make feeling happy and healthy easy to achieve. No two people are the same, so the company provides access to personalized care designed for results. For more information, please visit www.hims.com and www.forhers.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260729493532/en/

Press Contact
Abby Reisinger-Moley
press@forhims.com

Source: Hims & Hers