LegalZoom.com, Inc. (LZ) Investigation: Bronstein, Gewirtz

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) — Attorney Advertising – Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of LegalZoom.com, Inc. (“LegalZoom” or “the Company”) (NASDAQ: LZ). Investors who purchased LegalZoom securities are encouraged to obtain additional information and assist in the investigation by visiting the Company’s website: bgandg.com/LZ.

Examination details

On July 9, 2024, LegalZoom announced in a press release that “the Company is lowering its full-year revenue expectation to $675 million to $685 million and its full-year free cash flow expectation to $75 million to $85 million.” In the same press release, the Company announced that “current CEO Dan Wernikoff will be leaving the Company and retiring from the Board of Directors.” Following these announcements, several analysts downgraded LegalZoom and the Company’s stock price fell $1.99 per share, or 25.35%, closing at $5.86 on July 10, 2024.

What’s next?

If you are aware of facts related to this investigation, or if you purchased LegalZoom securities, you may assist this investigation by visiting the firm’s website: bgandg.com/LZ. You may also contact Peretz Bronstein or his account representative Nathan Miller of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There are no costs for you

We represent investors in class action lawsuits on a contingency basis, meaning we ask the court to reimburse us for our expenses and attorney fees (usually a percentage of the total award) only if we win.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm representing investors in securities fraud class action lawsuits and shareholder actions involving derivatives trading. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Past results do not guarantee similar results.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]