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Update: FTC Suing Hims & Hers for Allegedly Sharing User Data With Meta, Snap

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(Updated with information from court documents in the first two paragraphs.)

Hims & Hers Health (HIMS) is being sued by the US Federal Trade Commission, the State of California, and the Utah Division of Consumer Protection, for allegedly sharing users' data with Meta Platforms (META), Snap (SNAP) and other online advertising companies, court documents show.

The suit, filed in the US District Court for the Northern District of California, also alleges Hims charged consumers unwanted prescription medication subscriptions without their consent, and enrolls consumers in subscription plans "almost immediately after receiving consumers' medical intake forms."

Hims & Hers Health didn't immediately reply to a request for comment from.

Hims & Hers shares were down over 11% in Wednesday trading.

Price: $25.85, Change: $-3.47, Percent Change: -11.83%

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