Class Action Lawsuit Filed Against WebMD

On Behalf of | Aug 31, 2011 | Medical Malpractice Articles

Do you or did you hold stock with WebMD? If you you may be eligible to participate in this class action lawsuit just filed yesterday. If you think you may have a class action lawsuit that may gain national attention, or if you have questions, please call Perantinides & Nolan toll-free at 800-253-545.

“The following statement was issued yesterday by the law firm of Kessler Topaz Meltzer & Check, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of purchasers of the securities of WebMD Health Corp., who purchased or otherwise acquired WebMD securities between February 23, 2011 and July 15, 2011, inclusive (the “Class Period”).  Members of the class may, not later than October 3, 2011, move the Court to serve as lead plaintiff of the class.  A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.  In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Your ability to share in any recovery is not, however, affected by the decision of whether or not to serve as a lead plaintiff.  Any member of the purported class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.”