LifeMD, Inc. (LFMD) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Core Points - The Law Offices of Frank R. Cruz announced that investors who suffered losses related to LifeMD, Inc. have the opportunity to lead a securities fraud class action lawsuit [1] - The lawsuit alleges that from May 7, 2025, to August 5, 2025, LifeMD's management failed to disclose critical information regarding the company's competitive position and customer acquisition costs, which misled investors about the company's business prospects [2] Summary by Categories Lawsuit Details - The complaint claims that LifeMD's management materially overstated the company's competitive position [2] - It is alleged that the management was reckless in raising the 2025 guidance without properly accounting for rising customer acquisition costs in the RexMD segment and costs related to obesity treatment drugs [2] - The lawsuit asserts that the positive statements made by the defendants regarding the company's operations and prospects were materially misleading and lacked a reasonable basis [2]