Progyny, Inc. (NASDAQ: PGNY)

This investigation is for anyone who acquired securities in Progyny, Inc. (NASDAQ: PGNY) prior to September 18, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely disclose that the Company had lost a client representing 12% of Company revenue.

On September 18, 2024, Progyny disclosed that it had lost an unnamed “significant client” representing approximately 670,000 members as of June 30, 2024, and comprising 12% of the Company’s revenue for the six-month period ending June 30, 2024. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Progyny, Inc. (NASDAQ: PGNY) prior to September 18, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.