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Bullboard - Stock Discussion Forum LifeMD Inc LFMD

LifeMD, Inc. is a direct-to-patient telehealth company, which provides comprehensive virtual and in-home healthcare. The Company operates through two segments: Telehealth and WorkSimpli. Telehealth segment is engaged in telehealth platform, which integrates a clinician-centric electronic medical record (EMR) system, algorithms for case-load balancing and scheduling, customer relationship... see more

NDAQ:LFMD - Post Discussion

LifeMD Inc > LFMD....... Great Morning after 2 Nr's
View:
Post by Iseneschal on May 28, 2021 9:45am

LFMD....... Great Morning after 2 Nr's

@ News Releases since yesterdays close and it's blasted thru the resistance I mentioned ...like a knife thru butter !!!
In the past 16 hrs ...here are the 2 NR's......

1) 

35 of the Best Ideas Companies to Present at the Summer Solstice - Best Ideas from the Buy-Side Virtual Investor Conference on June 1-4, 2021

2021-05-27 16:17 PT - News Release

RALEIGH, NC / ACCESSWIRE / May 27, 2021 / The Summer Solstice - Best Ideas from the Buy-Side will take place on June 1-4, 2021, where 35 SmallCap, MicroCap and NanoCap public companies will be presenting via virtual webcast to a global investor audience.

The Summer Solstice - Best Ideas from the Buy Side: VIRTUAL begins on Tuesday, June 1, 2021, with company presentations beginning at 9am Eastern Time. Presentations will be webcast on Tuesday and Wednesday (June 1 and 2) with 1x1 Meetings being held on Thursday and Friday (June 3 and 4).

2) 

Plaintiffs in Shareholder Suits Drop Claims Against LifeMD

2021-05-28 05:00 PT - News Release

NEW YORK, May 28, 2021 (GLOBE NEWSWIRE) -- LifeMD, Inc. (“the Company”) (NASDAQ: LFMD), a leading direct-to-patient telehealth company, announced today that all shareholder suits filed against the company have been voluntarily dismissed. The two cases – Owens v. LifeMD (Case No. 1:21-cv-03384-PAC) and Cho v. LifeMD (Case No. 1:21-cv-04004-PAC) – were both filed in the U.S. District Court for the Southern District of New York last month.

“We are pleased that these meritless class-action suits have been withdrawn. We remain laser-focused on using technology to make healthcare more accessible and affordable for people from all walks of life,” said Justin Schreiber, LifeMD’s Chairman and CEO. “We pursue our mission with transparency and integrity – always putting our patients first – and we’re very proud of that.”

The Owens and Cho plaintiffs’ law firms filed the notices of voluntary dismissal on May 18 and 19, respectively, court records show.

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