GoodRx Holdings, Inc Class Action Lawsuit - GDRX

Company
GoodRx Holdings, Inc (NASDAQ: GDRX)
Lead Plaintiff Deadline
February 16, 2021 (Expired)
Class Period
September 23, 2020 - November 16, 2020

Expired

Lead Plaintiff Deadline

Feb 16, 2021

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Allegations

at the time of the IPO, unbeknownst to investors, Amazon.com, Inc. was developing and would soon introduce its own online and mobile prescription medication ordering and fulfillment service that would directly compete with GoodRx. Defendants timed the IPO so that it was priced before Amazon announced its online pharmaceutical business to facilitate the IPO and create artificial demand for the common shares sold therein, as well to maximize the amount of money the Company and the selling stockholders could raise in the IPO. Given defendants’ knowledge of Amazon’s intention to enter the online pharmaceutical business, and their misleading statements about GoodRx’s competitive position made contemporaneously with that knowledge, defendants’ materially false and/or misleading statements alleged herein were made willfully and caused GoodRx common stock to trade at artificially inflated prices during the Class Period.

Eligibility

In order to be eligible to join the GDRX class action lawsuit, you must have incurred a loss on shares of GoodRx purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in GoodRx during the relevant time frame or pursuant to the relevant offering(s), you have until February 16, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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