The Law Offices of Frank R. Cruz announces an investigation into LifeMD, Inc. (LFMD) over possible violations of federal securities laws. The investigation follows LifeMD's disclosure of temporary challenges facing its Rex MD business, which led to a 44.8% drop in its stock price on August 6, 2025. Investors who lost money are urged to contact the firm for further information or to inquire about potentially pursuing a claim to recover their losses.
Investors in LifeMD, Inc. (LFMD) are advised to be vigilant following a recent stock price drop and subsequent investigation into potential securities law violations. The Law Offices of Frank R. Cruz has announced an inquiry into LifeMD over possible breaches of federal securities laws, sparked by the company's disclosure of temporary challenges facing its Rex MD business. This revelation led to a significant 44.8% decline in LifeMD's stock price on August 6, 2025.
LifeMD's stock plummeted after the company reported its financial results for the second quarter of 2025. The company revised its revenue guidance downward, stating that it expected total revenue in the range of $250 to $255 million, compared to previous guidance of $268 to $275 million. The discrepancy between the revised and original guidance has raised concerns among investors and regulatory bodies.
The Law Offices of Frank R. Cruz encourages investors who lost money due to the stock price drop to contact the firm for further information or to inquire about potentially pursuing a claim to recover their losses. The firm's investigation aims to determine if LifeMD made any materially misleading statements about its business performance, which could have misled investors.
Investors who purchased LifeMD securities between May 7, 2025, and August 5, 2025, are urged to contact the firm before October 27, 2025, to discuss their rights and potential claims. The Law Offices of Frank R. Cruz specializes in securities class action lawsuits and shareholder rights litigation, and its investigation could lead to a class action seeking recovery of investor losses.
The recent stock price drop and subsequent investigation highlight the importance of thorough due diligence and transparency in corporate reporting. Investors should stay informed about developments and be prepared to act if necessary to protect their financial interests.
References:
[1] https://www.marketscreener.com/news/rosen-leading-investor-counsel-encourages-lifemd-inc-investors-to-inquire-about-securities-class-ce7c50dedf8ff025
[2] https://www.morningstar.com/news/business-wire/20250827096889/lfmd-investors-have-opportunity-to-lead-lifemd-inc-securities-fraud-lawsuit-with-the-schall-law-firm
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