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INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of LogMeIn, Inc. Investors

LOGMEIN (LOGM)  More Company Research Source: Business Wire
Last logmein earnings: 7/26 04:08 pm Check Earnings Report
PDF BENSALEM, Pa.--(BUSINESS WIRE)-- Law Offices of Howard G. Smith 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. 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 information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or [Read more]

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