LifeMD, Inc. (LFMD) Faces Class Action Lawsuit - Join by October 25, 2025 through The Gross Law Firm
In a recent development, shareholders of LifeMD, Inc. (NASDAQ: LFMD) are being encouraged to take notice of a class action lawsuit against the company. The Gross Law Firm, a nationally recognised class action law firm dedicated to protecting investors' rights, is issuing this notice.
The complaint alleges that certain statements made by the defendants about LifeMD's business, operations, and prospects were materially false and lacked a reasonable basis. Specifically, it is claimed that LifeMD's competitive position was overstated during the class period from May 7, 2025, to August 5, 2025.
The complaint also accuses the defendants of failing to disclose rising customer acquisition costs in LifeMD's RexMD segment and costs related to obesity drugs like Wegovy and Zepbound.
Registering as a shareholder who purchased shares of LFMD during the specified timeframe enrols shareholders in a portfolio monitoring software. Shareholders are encouraged to contact The Gross Law Firm for possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
The deadline to seek to be a lead plaintiff in the class action is October 25, 2025. The plaintiffs in the complaint against LifeMD, Inc. are the shareholders or investors who filed the lawsuit.
The Gross Law Firm's contact information is as follows: 15 West 38th Street, 12th floor, New York, NY, 10018, Email: [email protected], Phone: (646) 453-8903. The contact information for the firm can also be found on the link provided: https://securitiesclasslaw.com/securities/lifemd-inc-loss-submission-form/?id=167846&from=3
It is important to note that there is no cost or obligation to participate in this case. The Gross Law Firm is committed to ensuring companies adhere to responsible business practices and is dedicated to protecting investors' rights.
Shareholders are advised to seek legal counsel for further guidance regarding their rights and potential recovery in this matter.
Read also:
- Federal petition from CEI seeking federal intervention against state climate disclosure laws, alleging these laws negatively impact interstate commerce and surpass constitutional boundaries.
- Duty on cotton imported into India remains unchanged, as U.S. tariffs escalate to their most severe levels yet
- Steak 'n Shake CEO's supposed poor leadership criticism sparks retaliation from Cracker Barrel, accusing him of self-interest
- President von der Leyen's address at the Fourth Renewable Hydrogen Summit, delivered remotely
%20Faces%20Class%20Action%20Lawsuit%20-%20Join%20by%20October%2025%2C%202025%20through%20The%20Gross%20Law%20Firm){kind=link}