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Rosen Law Firm Encourages LegalZoom.com, Inc. Investors to Inquire About Securities Class Action Investigation - LZ
LegalZoom.comLegalZoom.com(US:LZ) Prnewswireยท2024-08-03 19:00

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]