NEW
YORK, Nov. 13, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law
firm, is investigating whether certain officers and directors of
GoodRx Holdings, Inc. (NASDAQ: GDRX) breached their
fiduciary duties to shareholders.
According to a federal securities lawsuit, GoodRx insiders
caused the company to misrepresent or fail to disclose that (1)
while Kroger accounted for less than 5% of the pharmacies accepting
GoodRx discounts, Kroger was responsible for nearly 25% of GoodRx's
total prescription transactions revenue (the Company's primary
revenue stream); and (2) Kroger could unilaterally cease accepting
GoodRx discounts, cutting off some or all of GoodRx's revenues for
purchases at Kroger's pharmacies; and (3) as a result,
representations about the Company's business, operations, and
prospects were materially false and misleading and/or lacked a
reasonable basis.
If you currently own GDRX and purchased prior to
September 23, 2020
please contact Justin Kuehn,
Esq. here, by email at justin@kuehn.law or
call (833) 672-0814. The consultation and case are free with no
obligation to you. Kuehn Law pays
all case costs and does not charge its investor clients.
Shareholders should contact the firm immediately as there may be
limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved,
you contribute to the integrity and fairness of the financial
markets. Your investment. Your voice. Your
future.™
For additional information, please visit Shareholder Derivative
Litigation - Kuehn Law.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
justin@kuehn.law
(833) 672-0814
View original content to download
multimedia:https://www.prnewswire.com/news-releases/kuehn-law-encourages-investors-of-goodrx-holdings-inc-to-contact-law-firm-302304323.html
SOURCE Kuehn Law, PLLC