BUSINESS: (TALK). Alert: Did Your Talkspace, Inc. Investment Lose Money? Contact Johnson Fistel Regarding Investigation

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By Daniel Webster, dWeb.News Publisher

SAN DIEGO, Nov. 20, 2021 (GLOBE NEWSWIRE) — Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims against Talkspace, Inc. (“Talkspace”) (NASDAQ: TALK) and its officers and directors for violations of federal securities laws.

On November 15, 2021, Talkspace issued a press release announcing that its co-founder and CEO, Oren Frank, decided to step down from his position as CEO and Board member of Talkspace. Talkspace also revealed that the quarter’s net revenue was lower than expected due to a lower percentage of customers [business-to-consumer], and a one time non-cash reserve adjustment to credit losses related to receivables from prior periods. “

Following this news, Talkspace stock closed down 36. 28% on November 16, 2021.

If you purchased Talkspace, have information that could assist in this investigation (including past employees and others), or if you are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. Please include a telephone number if you are emailing.

Additionally, you can [Click here to join this action]. There are no costs or obligations.

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents institutional and individual investors in shareholder derivative lawsuits and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Advertising for attorneys. Past results are not indicative of future results.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com

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