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New York , August 3, 2024 PRNewswire/ —
WHY: Rosen Law Firm, a global investor rights law firm, announces that it has represented LegalZoom.com, Inc. (NASDAQ: Landlord) stems from allegations that LegalZoom may have issued materially misleading business information to the investing public.
So: If you purchased LegalZoom securities, you may be entitled to compensation through a contingency fee arrangement without payment of any out-of-pocket fees or costs. The Rosen Law Firm is preparing a class action lawsuit seeking to recover investor losses.
What to do next: To join the anticipated class action, visit https://rosenlegal.com/submit-form/?case_id=27561 Or call Mr. Phillip Kim Toll-free: 866-767-3653 or email (email protected) Learn about class action lawsuits.
What it’s about: On July 9, 2024, after the market closed, LegalZoom issued a press release titled “LegalZoom Announces Leadership Transition.” In this press release, LegalZoom announced that “the Company’s current Chairman of the Board, Jeffrey Stibelhas been appointed as LegalZoom’s next Chief Executive Officer, effective immediately. LegalZoom has also appointed John Murphy As part of this transition, the current CEO Dan Welnikov will leave the company, including resigning from the board of directors.” LegalZoom also announced in the press release that it “reduced its full-year revenue forecast to $675 million arrive $685 million The free cash flow for the full year is expected to be $75 million arrive $85 million“”.
LegalZoom shares fell on the news $1.99 25% per share, closing at $5.86 Per Share July 10, 2024.
Why Choose Rosen Law: We encourage investors to choose qualified counsel with a track record of success in leadership positions. Often, the companies that issue notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these companies do not actually file securities class actions. Choose counsel wisely. Rosen Law Firm represents investors around the globe and focuses its practice on securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest-ever securities class action settlement against a Chinese company. In 2017, Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for number of securities class action settlements. The firm has been ranked in the top four each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm received over $438 million In 2020, the founding partner Lawrence Rosen Named a Titan in Plaintiffs Law by law360. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
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contact information:
Mr. Lawrence Rosen
Mr. Phillip Kim
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York City, New York 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
(email protected)
www.rosenlegal.com
SOURCE Rosen Law Firm
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