Second quarter subscription revenue of $108.8 million for the quarter, an increase of 6% year-over-year Announces three execution priorities designed to reaccelerate growth and enhance margins Announces restructuring and approximately $25 million of annualized savings MOUNTAIN VIEW, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced results for its second quarter ended June 30, 2024. "I am excited to be taking an ...

NEW YORK, Aug. 04, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of LegalZoom.com, Inc. (NASDAQ: LZ) resulting from allegations that LegalZoom may have issued materially misleading business information to the investing public. So what: If you purchased LegalZoom securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrang ...

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of LegalZoom.com, Inc. due to allegations of materially misleading business information [1] - LegalZoom's stock fell by $1.99 per share, or 25%, closing at $5.86 per share following the announcement of leadership changes and reduced revenue expectations [3] - LegalZoom has revised its full-year revenue expectation to a range of $675 million to $685 million and free cash flow expectation to a range of $75 million to $85 million [3] Group 2 - Investors who purchased LegalZoom securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors [4]

Americans are encouraged to check estate planning off of their to-do list this August LegalZoom is the trusted leader in online estate plans with a network of experienced attorneys MOUNTAIN VIEW, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ) is turning August's National Make-A-Will Month into an opportunity for Americans to safeguard their futures and loved ones with a limited-time discount from August 1 to August 31: 10% off for new customers and 20% off for existing customers. ...

The market expects LegalZoom (LZ) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Au ...

Core Insights - The Portnoy Law Firm has initiated an investigation into LegalZoom.com, Inc. for possible securities fraud and may file a class action on behalf of investors who lost money [1][5] - LegalZoom's CEO announced an immediate resignation and the company significantly lowered its revenue guidance for the fiscal year [5] Legal Action - Investors are encouraged to contact attorney Lesley F. Portnoy for a complimentary case evaluation regarding their legal rights and options to recover losses [2][6] - The investigation is focused on whether LegalZoom issued false or misleading statements or failed to disclose important information to investors [5] Market Reaction - Following the news, LegalZoom's stock price experienced a decline, reflecting investor concerns [3]

RADNOR, Pa., July 23, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of LegalZoom.com, Inc. (NASDAQ: LZ) ("LegalZoom"). On July 9, 2024, LegalZoom disclosed that its CEO would be departing, "effective immediately," after the company had "decided that now is the right time for this transition." Additionally, LegalZoom disclosed in a press release that the company signi ...

Group 1 - LegalZoom.com, Inc. will report its financial results for the second quarter ended June 30, 2024, on August 7, 2024, after market close [1] - A conference call and webcast will be hosted by the CEO and CFO at 4:30 p.m. ET on the same day to discuss the financial results [4] - LegalZoom is recognized as the leading online platform for business formation in the United States, providing legal, tax, and compliance products for small business owners [3] Group 2 - The company aims to support entrepreneurship by offering affordable access to legal and financial expertise, empowering millions of small business owners [3] - A replay of the webcast will be available on the LegalZoom Investor Relations website following the live event [2] - The conference call will be accessible via a dedicated dial-in number for both the USA & Canada and international participants [5]

Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. | --- | --- | |----------------|-------------------------------------------------| | | | | Date: | Wednesday, August 7, 2024 | | Time: | 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) | | Webcast: | https://edge.media-server.com/mmc/p/ikog4cr5/ | | | (800) 715-9871 (USA & Canada) | | Dial In: | (646) 307-1963 (Int ...

This brings their total investment in LegalZoom to 115,669 shares at a value of nearly $700,000. LegalZoom's stock dropped nearly 30% on Wednesday, July 10. LegalZoom is one of the most recognizable brands in the business formation sector, while Registered Agents Inc, a private, family-owned company, holds a significant market share lead over LegalZoom. Registered Agents Inc (RAI) provides comprehensive solutions for registered agent service and business entity maintenance for more than 1 million companies ...