Investor alert: investigation of ehealth, inc. announced by glancy binkow & goldberg llp

Los angeles--(business wire)--glancy binkow & goldberg llp announces that it is investigating potential claims on behalf of investors of ehealth, inc. (“ehealth” or the “company”) (nasdaq:ehth) concerning possible violations of federal securities laws. the investigation is focused on certain statements issued by ehealth concerning the company’s operations, finances and future prospects. please contact lesley portnoy at (888) 773-9224 or (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. if you inquire by email please include your mailing address, telephone number and number of shares purchased. ehealth is a technology company that provides online health insurance services, and facilitates the matching of insurance carriers with individuals, families and businesses. the investigation is related to the company’s statements throughout the past several years regarding its operations, finances and future prospects, including statements claiming that ehealth was uniquely poised to benefit from the insurance marketplaces promoted in the u.s. affordable care act (“aca”). on january 14, 2015, the company announced disappointing preliminary financial results for the quarter ended december 31, 2014. the company reported that it expects quarterly revenues of $43-45 million, and losses per share of -$0.47 to -$0.56, well below the consensus of revenues $52.6 million and per-share losses of -$0.11. the company also reported a 41% year-over-year decline in submitted applications, and higher marketing costs in its medicare segment. following this news, the company’s shares fell over 50% on january 15, 2015, on heavy volume. if you purchased ehealth securities prior to january 15, 2015, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact lesley portnoy, esquire, of glancy binkow & goldberg llp, 1925 century park east, suite 2100, los angeles, california 90067 at (310) 201-9150, toll free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. if you inquire by email please include your mailing address, telephone number and number of shares purchased. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
EHTH Ratings Summary
EHTH Quant Ranking