LogMeIn class action, LOGM class action

Class Action News

Levi & Korsinsky Announces LogMeIn Class Action, LOGM Lawsuit

Levi & Korsinsky

September 6, 2018

NEW YORK, September 6, 2018 – by Levi & Korsinsky, LLP announces a class action on behalf of shareholders who purchased securities of LogMeIn, Inc. (“LogMeIn, Inc.”) (NASDAQ: LOGM) between March 1, 2017 and July 26, 2018. To get more information go to: http://www.zlk.com/pslra-d/logmein or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The LogMeIn complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) LogMeIn’s business practices had negatively impacted renewal rates for certain of its services; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Following this news, shares of LogMeIn fell $26.60 to close at $77.85 per share on July 27, 2018.

If you suffered a loss in LogMeIn, Inc. you have until October 19, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.