Deadline Soon: LifeMD, Inc. (LFMD) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Summary
The Law Offices of Frank R. Cruz is soliciting investors who purchased LifeMD, Inc. (LFMD) securities between May 7, 2025, and August 5, 2025, to participate in a securities fraud class action lawsuit. The lawsuit alleges that LifeMD made false and misleading statements regarding its competitive position and financial guidance, failing to account for rising customer acquisition costs and issues with its Rex MD business. Following the disclosure of these issues on August 5, 2025, LifeMD’s stock price significantly declined, falling $5.31, or 44.8%, to close at $6.53 per share on August 6, 2025. Investors who wish to be considered as lead plaintiff must act before the October 27, 2025 deadline and can contact the Law Offices of Frank R. Cruz for more information.
(Source:The AI Journal)