🚨 THE FTC SUES HIMS & HERS -- Full breakdown with Gaston Kroub

<p>Thanks to our partner:Superpower - https://superpower.com</p><p>Jonathan Stern talks with Gaston Kroub, founding partner of K2K Law, registered patent attorney, and Hims House&#39;s resident legal expert on his third appearance, about the FTC&#39;s July 29 federal complaint against Hims &amp; Hers. Kroub calls the filing a public &quot;marketing document&quot; aimed at a quick settlement and ranks three allegation buckets: health data sharing with Meta and Snap as the most exposure, hard cancellation under ROSCA (Restore Online Shoppers&#39; Confidence Act) second, charging before a real consultation as the least dangerous. The case is in the Northern District of California before Judge Vince Chhabria; an overbroad sealing request triggered an order to show cause that was later lifted with a warning, and Hims&#39; response is due Sept. 28 with an initial case management conference Oct. 30. They walk through Hims&#39; defense lineup at BakerHostetler and Keker Van Nest &amp; Peters, treat the $62.5M legal accrual as likely the low end of a settlement, and cover co-plaintiffs Utah and LA County. His likely path is a payment plus operational changes; absent a deal, litigation could run years, and he treats the Visa chargeback spike as a minor narrative risk.</p><p><br></p><p>00:00 - Sponsor: Superpower</p><p>01:35 - Complaint is a &quot;marketing document&quot;</p><p>03:52 - He ranks the three buckets</p><p>08:15 - Amazon Prime and Uber first</p><p>11:53 - ROSCA stretched to health data</p><p>17:12 - Northern District of California and Judge Chhabria</p><p>19:44 - Overbroad sealing nearly got sanctions</p><p>23:57 - BakerHostetler and Keker</p><p>26:12 - The $62.5M legal accrual</p><p>27:32 - A Motion to Dismiss costs six figures</p><p>28:51 - $50M floor, nine-figure ceiling?</p><p>30:31 - Utah and LA County</p><p>33:06 - Pay, plus changes to the flows</p><p>35:46 - Would Ro and Noom have to follow?</p><p>38:00 - Why Hims, not Ro</p><p>39:42 - Visa&#39;s chargeback watchlist</p><p>43:03 - Worst case vs most likely scenarios</p><p>48:41 - Next steps in the case</p><p>51:23 - Change the flows now, or wait?</p><p><br></p><p>Disclaimer: This podcast is for informational and entertainment purposes only. Nothing discussed should be considered financial, investment, or legal advice. Always consult with a qualified professional before making financial decisions.</p>