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LegalZoom.com, Inc. (NASDAQ: LZ)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in LegalZoom.com, Inc. (NASDAQ: LZ) prior to July 9, 2024.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by knowing, but failing to timely inform investors, that the Company was lowering guidance.

On July 9, 2024, LegalZoom disclosed that its CEO would be departing “effective immediately” after the Company had “decided that now is the right time for this transition.” Additionally, the Company significantly lowered its FY revenue guidance. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities LegalZoom.com, Inc. (NASDAQ: LZ) prior to July 9, 2024 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.