Teladoc hit with investor lawsuit after share price sinks

Teladoc Health has been hit with a lawsuit accusing the company of violating federal securities laws and downplaying challenges it faced in its mental health and chronic care businesses.

Shareholder Jeremy Schneider sued Teladoc, company CEO Jason Gorevic and chief financial officer Mala Murthy in a federal court in the Southern District of New York Monday, alleging he and others purchased company shares at “artificially inflated prices.” The…