Digital health companies hit with securities fraud suits

Shareholders have hit digital health companies with a spate of securities fraud lawsuits this year as once high-flying companies see share prices drop, and more could be on the horizon.

It’s common to see a rise in such complaints, across industries, when the stock market is down. But healthcare and life sciences companies may be more susceptible to litigation.

“In the life sciences and healthcare areas, you have a lot of companies whose stock…