Finance

The suit claims Teladoc, CEO Jason Gorevic and CFO Mala Murthy made misleading statements or failed to disclose that increased competition was affecting its BetterHelp mental health segment and its chronic care business.

This marks the company's second deal this year. It announced plans to acquire a network of fertility clinics in February.

CEO Eren Bali said the company was winding down some of its COVID-19-related services and plans to shift its focus from growth to profitability.

Also: Autism-focused SpectrumAi and cancer clinical trial platform Massive Bio both scooped up $9 million.

Also, Birmingham Community Healthcare Trust launches new patient portal. 

The consumer genetics company reported full-year revenue came to $272 million, an 11% increase compared with the prior year.

Also: Pear Therapeutics reported $2.7 million in revenue for its first quarter compared with $1.3 million in Q4 2021.

Weldon offers chats with therapists, social workers and parenting coaches as well as group support and educational content.

Also: Baby tech company Owlet and diagnostics-focused Cue Health plan on submitting for regulatory clearances this year.

Also: Butterfly Network reports a year-over-year revenue increase of more than 25%, with a $44.5 million net loss, and One Medical announces a significant jump in revenue.