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EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against LogMeIn, Inc. - LOGMRosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of LogMeIn (News - Alert), Inc. (NASDAQ:LOGM) resulting from allegations that LogMeIn may have issued materially misleading business information to the investing public. On July 27, 2018, during a conference call with investors, CEO Bill Wagner explained that a "combination of imperfect execution and some hangover effects of last year's merger with the GoTo business led to disappointing renewal rates." On this news, shares of LogMeIn fell $26.60 or over 25% to close at $77.85 per share on July 27, 2018. Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by LogMeIn investors. If you purchased shares of LogMeIn please visit the firm's website at http://www.rosenlegal.com/cases-1389.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected]. Follow us for updates on LinkedIn (News - Alert): https://www.linkedin.com/company/the-rosen-law-firm or on Twitter (News - Alert): https://twitter.com/rosen_firm. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Attorney Advertising. Prior results do not guarantee a similar outcome.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180731005896/en/ |
