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LFMD Stockholders Should Contact Shareholder Rights Law Firm Robbins LLP Before the Lead Plaintiff Deadline for Information About Leading the Securities Fraud Class Action Against LifeMD, Inc.
Prnewswire· 2025-10-02 01:19
Group 1 - A class action has been filed against LifeMD, Inc. (NASDAQ: LFMD) on behalf of investors who acquired its securities between May 7, 2025, and August 5, 2025 [1][2] - The allegations include that LifeMD misled investors about its competitive position and failed to properly account for rising customer acquisition costs, particularly in its RexMD segment and for obesity treatment drugs [2] - Following the announcement of its second quarter 2025 results and a revision of its full-year guidance, LifeMD's stock price dropped by $5.31, or 44.8%, closing at $6.53 on August 6, 2025 [3] Group 2 - Shareholders interested in serving as lead plaintiffs must file their papers with the court by October 27, 2025, and can choose to remain absent class members if they do not wish to participate [4] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses for representation [5]
Shareholders of LifeMD, Inc. Should Contact Levi & Korsinsky Before October 25, 2025 to Discuss Your Rights – LFMD
Globenewswire· 2025-10-01 20:25
NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in LifeMD, Inc. ("LifeMD, Inc." or the "Company") (NASDAQ: LFMD) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of LifeMD, Inc. investors who were adversely affected by alleged securities fraud between May 7, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/lifemd-inc-lawsuit-submiss ...
LifeMD (LFMD) Faces Lawsuit Over Alleged Concealment of Cost and Refund Woes in Key Segments, According to Hagens Berman
Globenewswire· 2025-10-01 18:32
Core Viewpoint - A federal securities fraud class action lawsuit has been filed against LifeMD, Inc. and its executives, alleging that the company misrepresented its financial health and growth prospects, leading to a significant decline in stock price in August 2025 [1][6]. Summary by Relevant Sections Lawsuit Details - The lawsuit, titled Johnston v. LifeMD, Inc., seeks to recover damages for investors who purchased LifeMD securities during the class period from May 7, 2025, to August 5, 2025 [2][8]. Financial Misrepresentation - The lawsuit centers on LifeMD's financial guidance and public statements made after reporting strong Q1 results on May 6, 2025, where the company raised its full-year revenue and adjusted EBITDA guidance, claiming a "category-defining competitive moat" in virtual obesity care and strong performance from its RexMD brand [6][7]. - The complaint alleges that this positive outlook was misleading as the company failed to disclose ongoing business challenges affecting revenue streams, including elevated customer acquisition costs and high patient refund rates [7][9]. Stock Price Impact - The issues came to light on August 5, 2025, when LifeMD announced its second-quarter results, missing revenue and earnings per share estimates, and subsequently slashed its full-year guidance. Following this announcement, LifeMD's stock price dropped by over 44% [7][9]. Investigation and Legal Action - Hagens Berman, a plaintiffs' rights firm, is investigating these claims on behalf of investors who suffered losses during the class period, focusing on when management became aware of the adverse information and whether their failure to disclose misled investors [10][11].
LFMD LAWSUIT ALERT: Levi & Korsinsky Notifies LifeMD, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-10-01 12:45
Accessibility StatementSkip Navigation NEW YORK, Oct. 1, 2025 /PRNewswire/ --Â Levi & Korsinsky, LLP notifies investors in LifeMD, Inc. ("LifeMD, Inc." or the "Company") (NASDAQ: LFMD) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of LifeMD, Inc. investors who were adversely affected by alleged securities fraud between May 7, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team: CONTACT: Levi & ...
美股异动|远程医疗公司LifeMD涨超5%,与诺和诺德就售卖Ozempic达成合作
Ge Long Hui· 2025-09-30 14:30
远程医疗公司LifeMD(LFMD.US)涨超5%,报6.77美元。消息面上,LifeMD称已与诺和诺德达成合作, 以每月499美元的价格向符合条件的美国患者提供糖尿病药物Ozempic。(格隆汇) ...
LifeMD offers Ozempic under Novo Nordisk collab (LFMD:NASDAQ)
Seeking Alpha· 2025-09-30 12:21
Virtual care provider LifeMD (NASDAQ:LFMD) announced on Tuesday that it has expanded its existing partnership with Novo Nordisk (NVO) to offer the Danish drugmaker’s diabetes therapy Ozempic through its telehealth platform. The company added that thanks to its integration with ...
LifeMD to offer Novo's Ozempic at $499 per month to eligible US cash-paying customers
Reuters· 2025-09-30 12:14
Telehealth firm LifeMD said on Tuesday it would collaborate with Novo Nordisk to offer its diabetes drug Ozempic at $499 per month to eligible U.S. patients, including those who are insured and whose ... ...
LifeMD Offers Ozempic® at $499 Per Month through Collaboration with Novo Nordisk
Globenewswire· 2025-09-30 12:00
Core Insights - LifeMD, Inc. has announced a collaboration with Novo Nordisk to provide Ozempic at a reduced price of $499 per month for eligible self-pay patients [1][2] - The integration with NovoCare Pharmacy allows access to all FDA-approved doses of Ozempic through LifeMD's virtual care platform [1][2] - The initiative aims to improve access to GLP-1 therapies for millions of Americans suffering from type 2 diabetes, a condition affecting approximately 36 million people in the U.S. [2][3] Company Overview - LifeMD is a leading provider of virtual primary care, offering telemedicine, laboratory and pharmacy services, and specialized treatment across over 200 conditions [4] - The company utilizes a vertically integrated digital care platform and a 50-state affiliated medical group to enhance access to high-quality and affordable care [4] Collaboration Details - The expanded collaboration with Novo Nordisk includes not only Ozempic but also Wegovy, enhancing LifeMD's ability to deliver competitive self-pay prices for FDA-approved GLP-1 therapies [2][3] - LifeMD's telehealth platform is also integrated with LillyDirect pharmacy to provide access to Zepbound (tirzepatide), further diversifying treatment options for patients [3]
LIFEMD CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds LFMD Investors a Class Action Has Been Filed and Urges Investors to Contact the Firm
Globenewswire· 2025-09-29 21:23
Core Viewpoint - A class action lawsuit has been filed against LifeMD, Inc. for allegedly making materially false and misleading statements regarding its competitive position and financial guidance during the Class Period from May 7, 2025, to August 5, 2025 [2][3]. Allegation Details - The lawsuit claims that LifeMD's defendants overstated the company's competitive position and were reckless in raising the 2025 guidance without properly accounting for rising customer acquisition costs in its RexMD segment and related to obesity treatment drugs [3]. - It is alleged that the defendants' statements about LifeMD's business operations and prospects were materially false and misleading, leading to investor damages when the true information became public [3]. Next Steps - Investors who purchased LifeMD shares during the Class Period and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4].
The Gross Law Firm Reminds LifeMD, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2025 – LFMD
Globenewswire· 2025-09-29 20:17
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of LifeMD, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 7, 2025, to August 5, 2025 [3]. - Allegations include that LifeMD's management overstated the company's competitive position and raised 2025 guidance without properly accounting for increased customer acquisition costs, particularly in the RexMD segment and for obesity treatment drugs like Wegovy and Zepbound [3]. Next Steps for Shareholders - Shareholders who purchased shares during the class period are encouraged to register for the class action by October 25, 2025, to potentially become lead plaintiffs [4]. - Registration will provide shareholders with updates throughout the case lifecycle, and participation incurs no cost or obligation [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for losses incurred due to misleading statements or omissions that inflated LifeMD's stock price [5].