Kaskela Law LLC Announces Investigation of Teladoc Health, Inc. (TDOC) and Encourages Stockholders to Contact the Firm
Kaskela Law LLC Announces Investigation of Teladoc Health, Inc. (TDOC) and Encourages Stockholders to Contact the Firm |
[15-August-2020] |
PHILADELPHIA, Aug. 15, 2020 /PRNewswire/ -- Kaskela Law LLC announces that is investigating Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC) on behalf of the Company's shareholders. On August 5, 2020, Teladoc announced that it had entered into a merger agreement with Livongo Health, Inc. (NASDAQ: LVGO). In connection with the proposed transaction, Teladoc plans to issue shares of the company's common stock to Livongo investors, who are expected to own approximately 42% of the combined company following the transaction. Following this news, shares of Teladoc's common stock declined $47.41 per share, or nearly 20% in value. The investigation seeks to determine whether the members of Teladoc's board of directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction. Teladoc shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or online at http://kaskelalaw.com/case/teladoc-health-inc/, to discuss this investigation and their legal rights and options. Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions. CONTACT:
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Company Codes: NYSE:TDOC |
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