Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of HealthEquity, Inc. (NASDAQ: HQY) resulting from allegations that HealthEquity may have issued materially misleading business information to the investing public.
If you purchased HealthEquity securities and would like to join the prospective action, please click “Join This Class Action.”
On March 19, 2025, during market hours, Investopedia published an article entitled “HealthEquity Stock Plummets as Firm’s Profit Hurt by Cyber Threats, Fraud.” The article stated that HealthEquity shares sank after the “Health Savings Account (HSA) custodian missed profit estimates and gave weak guidance as it dealt with the costs of a rise in criminal activity targeting the firm.”
On this news, HealthEquity shares fell $17.35 per share, or 17%, to close at $84.32 per share on March 19, 2025.
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