Denise L. Cote, U.S. District Court Judge for the Southern District of New York US Judge Tosses Securities Class Action Against Teladoc After $18.5 Billion Merger
Teladoc, represented by attorneys at Paul, Weiss, Rifkind, Wharton & Garrison, argued that the virtual health care company was transparent about the "risks and challenges" of the deal.
July 06, 2023 at 04:44 PM
3 minute read
U.S. District Judge Denise Cote of the Southern District of New York on Wednesday dismissed a securities class action suit against the virtual healthcare company Teladoc, finding that the plaintiff investors failed to show that the company's statements would mislead a reasonable investor.
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