Kessler Topaz Meltzer & Check said it is investigating potential federal securities-law violations by Hims & Hers Health, Inc. after a July 29, 2026 civil enforcement complaint by the FTC, the People of the State of California and the Utah Division of Consumer Protection. Lowey Dannenberg separately said it filed what it described as the first consumer class action against the telehealth company, alleging Hims & Hers misrepresented privacy practices, shared sensitive health information with advertising platforms without consent, and used deceptive subscription billing. Kessler Topaz said Hims & Hers shares fell more than 14% after news of the FTC action, and both firms said their matters remain open to affected investors or consumers.