eHealth, Inc. is a private online marketplace for health insurance in the United States.

According to the law firm press release, the lawsuit alleges that eHealth and certain of its officers and directors issued materially false and misleading statements about the Company’s true financial condition and prospects. On January 14, 2015, eHealth lowered its fiscal year 2014 revenue guidance to a range of $178 to $180 million from its prior revenue guidance in the range of $185 million to $194 million. The Company attributed the revision in part to lower than expected applications for its Individual & Family Plan. On this news, shares of eHealth fell $11.38 per share or almost 55% from its previous closing price to close at $9.42 per share on January 14, 2015, damaging investors.

On March 14, 2016, the Court issued an Order granting Defendant's Motion to Dismiss. Plaintiffs were given leave to file an amended Complaint. Plaintiffs declined to file an amended Complaint, thus Judgment was entered on May 27.