NEW YORK, Oct. 1, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against:
- LegalZoom.com, Inc. (NASDAQ: LZ)
Please contact fletcher@fmoorelaw.com.
Moore Law, PLLC is investigating a recent announcement of a reduced revenue expectation and free cash flow at LegalZoom.
On July 9, 2024, LegalZoom issued a press release announcing that "[t]he Company is reducing its revenue expectation for the full year to a range of $675 million to $685 million and its free cash flow expectation for the full year to a range of $75 million to $85 million."
In the same press release, the Company announced that "current Chief Executive Officer Dan Wernikoff will be departing the Company, including resigning from the Board."
On this news, multiple analysts downgraded LegalZoom, and the Company's stock price fell $1.99 per share, or 25.35%, to close at $5.86 on July 10, 2024.
If you own LegalZoom.com, Inc. (NASDAQ: LZ), please contact Fletcher Moore, Esq. by email at fletcher@fmoorelaw.com. There is no cost to you. Moore Law PLLC is a New York-based law firm representing investors and consumers. Attorney advertising. Prior results do not guarantee similar outcomes.
ABOUT MOORE LAW PLLC
Moore Law is a NYC litigation law firm for investors. We hold officers and directors accountable for breaches of fiduciary duty, fraud, insider trading, wasteful spending, and other corporate malfeasance. We strengthen corporate reforms to protect your investments.
Moore Law, PLLC
30 Wall Street, 8th Floor
New York, NY 10005
Fletcher Moore, Esq.
fletcher@fmoorelaw.com
(212) 709-8245
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