Investors suffering financial losses due to LifeMD, Inc. (LFMD) are advised to reach out to Levi & Korsinsky regarding a potential Class Action lawsuit.
LifeMD, Inc., a prominent healthcare company, is facing a class action securities lawsuit, filed by Levi & Korsinsky, LLP. The lawsuit alleges that the company and its defendants made false statements and concealed information about LifeMD's competitive position, financial guidance, and customer acquisition costs.
The lawsuit, filed in the Berlin Kammergericht (Berlin Regional Court), specifically mentions overstated competitive position, improper accounting for customer acquisition costs in LifeMD's RexMD segment, and costs related to the sale of obesity treatment drugs Wegovy and Zepbound.
Investors who suffered a loss in LifeMD, Inc. between May 7, 2025 and August 5, 2025 have until October 25, 2025 to request appointment as lead plaintiff. However, it's important to note that your ability to share in any recovery doesn't require serving as a lead plaintiff.
If you are a class member, you may be entitled to compensation without any out-of-pocket costs or fees. The class definition covers investors who were adversely affected between May 7, 2025 and August 5, 2025.
Levi & Korsinsky, LLP, a leading securities litigation firm, has a team of over 70 employees to serve clients. For seven years in a row, the firm has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. The team at Levi & Korsinsky has a track record of winning high-stakes cases and extensive expertise in complex securities litigation.
Investors can contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500 for more information and to contact a member of the team. The link for more information and contacting a member of the team is: https://zlk.com/pslra-1/lifemd-inc-lawsuit-submission-form?prid=168155&wire=3
It's worth noting that there is no cost or obligation to participate in the class action securities lawsuit against LifeMD, Inc. The lawsuit seeks to recover losses on behalf of LifeMD, Inc. investors. Over the past 20 years, Levi & Korsinsky, LLP has secured hundreds of millions of dollars for aggrieved shareholders.
For those who have been affected, it's crucial to take action and seek legal advice. The deadline to request appointment as lead plaintiff is fast approaching.
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