NEW YORK, Aug. 1, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of LogMeIn, Inc. ("LogMeIn" or the "Company") (NASDAQ: LOGM). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/logm.
The investigation concerns whether LogMeIn and certain of its officers and/or directors have violated federal securities laws.
On July 27, 2018, LogMeIn's CEO, Bill Wagner explained on a conference call with investors that a "combination of imperfect execution and some hangover effects of last year's merger with the GoTo business led to disappointing renewal rates." Following this news, LogMeIn stock dropped $26.60 per share or over 25% to close at $77.85 on July 27, 2018.
If you are aware of any facts relating to this investigation, or purchased LogMeIn shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/logm. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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