#United States #New York #The Gross Law Firm #Investor Rights #LifeMD Class Action

LifeMD, Inc. Shareholders Alert

Investors who have suffered financial losses due to their purchase of shares in LifeMD, Inc. (NASDAQ: LFMD) are being urged to take immediate action by contacting The Gross Law Firm. This law firm is spearheading a class action lawsuit, giving shareholders an opportunity to recover their investments amid serious allegations against the company.

Class Period and Deadlines

The class action pertains to shares purchased during the period from May 7, 2025, to August 5, 2025. Any shareholder who falls within this timeline and experienced losses is encouraged to reach out to The Gross Law Firm by October 25, 2025. They can register their information and get involved in the lawsuit against LifeMD without needing to be a lead plaintiff.

Significant Allegations

The complaint against LifeMD includes several critical accusations that highlight the potential misconduct of the company’s executives:
1. Misrepresentation of Competitive Position: The defendants are accused of significantly overstating LifeMD's market position, misleading investors about the company's true competitive advantages.
2. Inflated Financial Guidance: There are claims that LifeMD's 2025 financial guidance was recklessly promoted without properly considering the rising costs associated with acquiring new customers, particularly in their RexMD segment.
3. Misleading Statements: It is alleged that the statements made concerning LifeMD's business operations and future prospects were materially false and lacked a reasonable basis throughout the entire relevant period.

Why Join the Class Action?

Participating in the class action lawsuit is a vital step for shareholders who wish to seek justice for their losses. Registering will also ensure that shareholders are enrolled in a portfolio monitoring system that provides updates on the lawsuit's progression.

The Gross Law Firm stands out due to its commitment to protecting investor rights and has garnered a reputation for actively pursuing justice in cases of corporate fraud and deceit. They have made it their mission to ensure that responsible business practices are upheld, particularly in cases where investors have been misled.

Contact Details

For more information, interested shareholders can visit the following link: Submit your claim.

About The Gross Law Firm

The Gross Law Firm is recognized across the nation for its dedication to representing investors facing the adverse effects of fraudulent corporate practices. They emphasize the importance of corporate transparency and the need for businesses to engage in ethical conduct.

Investors should not delay as the deadline approaches, and being part of this class action could lead to restitution for those affected by the economic fallout from LifeMD's actions. For inquiries, shareholders can also directly contact the firm at:
15 West 38th Street, 12th Floor, New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

Conclusion

As the situation unfolds, shareholders of LifeMD, Inc. are encouraged to join this class action and safeguard their rights against misleading corporate practices. It's a crucial step towards holding companies accountable and seeking reparations for financial losses endured.