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RKS is representing shareholders in an action against Talkspace, Inc., pending in the U.S. District Court for the Southern District of New York. The court recently appointed RKS as co-lead counsel, along with Robbins Geller Rudman & Dowd LLP, on behalf of (i) a class of investors asserting claims under Section 10(b) of the Securities Exchange Act of 1934, based on the defendants’ allegedly materially false and misleading statements and omissions made between June 11, 2020 and November 15, 2021, and (ii) a class of investors asserting claims under Sections 14(a) and 20(a) of the Exchange Act, arising out of defendants’ allegedly materially false and misleading statements and omissions in the proxy statement issued in connection with the June 22, 2021 merger between a blank check company and Talkspace.
The Montague Street Group, consisting of RKS client Montague Street LP and affiliated individuals and entities, was appointed co-lead plaintiff in the action.