LegalZoom.com, Inc. Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

​LOS ANGELES, July 26, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises LegalZoom.com, Inc. (“Legal Zoom” or “the Company”) (NASDAQ: LZ) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Legal Zoom investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Legal Zoom announced on July 9, 2024, that its CEO would resign “effective immediately” because it had “decided that now is the right time for this transition.” The Company also significantly lowered its revenue guidance for the fiscal year.

On this news, Destination XL’s stock price fell $0.27 per share, or 7.56%, to close at $3.30 per share on May 30, 2024.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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