Core Points - 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 important information during the class period from May 7, 2025, to August 5, 2025 [1] - Allegations include that LifeMD's competitive position was overstated, and that the company did not properly account for rising customer acquisition costs, particularly in its RexMD segment and for obesity treatment drugs [1] - The deadline for shareholders to register for the class action and seek lead plaintiff status is October 27, 2025 [2] Company Specifics - LifeMD, Inc. is facing allegations of materially false and misleading statements regarding its business operations and prospects, which may have led to an artificial inflation of its stock price [1] - The lawsuit highlights concerns over the company's guidance for 2025, which was deemed reckless given the unaccounted rising customer acquisition costs [1] Legal Context - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3] - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [2]
LifeMD, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before October 27, 2025 to Discuss Your Rights - LFMD