The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who purchased LogMeIn, Inc. (NASDAQ: LOGM) securities between March 1, 2017 and July 26, 2018.
According to the LOGM lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) LogMeIn’s business practices had negatively impacted renewal rates for certain of its services; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Following this news, shares of LogMeIn fell $26.60 to close at $77.85 per share on July 27, 2018.
"LogMeIn, Inc."
If you suffered a loss in LogMeIn, Inc. you have until October 19, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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