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Moore Law, PLLC Encourages LegalZoom.com, Inc. Investors to Contact Law Firm

By AP News - Oct 01, 2024, 12:28 AM EDTLast Updated - Oct 01, 2024, 12:28 AM EDT

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

View original content to download multimedia: https://www.prnewswire.com/news-releases/moore-law-pllc-encourages-legalzoomcom-inc-investors-to-contact-law-firm-302263477.html

SOURCE Moore Law PLLC

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Latest News by Industry

Technology

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Stock market today: Wall Street rises to close its latest record-setting week as banks jump

Elon Musk unveils Tesla's 'Cybercab,' plans to bring autonomous driving tech to other models in 2025

AI is having its Nobel moment. Do scientists need the tech industry to sustain it?

Oil & Gas

Show more

French and US companies to invest $10 billion to extract oil off Suriname's coast

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

Oman state-run oil firm OQ will make initial public offering and potentially seek billions

Healthcare

Show more

SEC settles with 7 companies it says violated whistleblower protection rules

Psychemedics: Q2 Earnings Snapshot

Natera: Q2 Earnings Snapshot

Manufacturing

Show more

Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips

Brown rejects calls to divest from companies in connection with pro-Palestinian protests on campus

Stock market today: Wall Street sets more records after Shanghai's worst drop since early COVID

Moore Law, PLLC Encourages LegalZoom.com, Inc. Investors to Contact Law Firm

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