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Glancy Prongay & Murray LLP Continues Investigation on Behalf of LogMeIn, Inc. Investors (LOGM)

LOGMEIN (LOGM)  More Company Research Source: Business Wire
Last logmein earnings: 7/26 04:08 pm Check Earnings Report
PDF LOS ANGELES--(BUSINESS WIRE)-- National Shareholder Rights Law Firm Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of LogMeIn, Inc. (“LogMeIn” or the “Company”) (NASDAQ: LOGM) investors concerning the Company and its officers’ possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On July 27, 2018, during a conference call with investors, CEO Bill Wagner detailed “executional missteps” related to the company's $1.8 billion merger with GoToMeeting. Specifically, Wagner claimed that customers were not renewing their subscriptions to the suite of corporate videoconferencing tools that LogMeIn acquired from Citrix in February 2017. On this news, LogMeIn’s share price fell 25%, or $26.60, to close at $77.85 on July 27, 2018, thereby injuring investors. If you purchased LogMeIn securities, have inf [Read more]

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