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Investor Class Action Filed Against LogMeIn, Inc. for Securities Fraud Violations
Company Name: LogMeIn, Inc.
Court: United States District Court for the District of Massachusetts
Case Number: 18-cv-12330
Judge: The Hon. Allison Dale Burroughs
Class period: Between September 13, 2017 and July 26, 2018
Security Type: Securities

Case Background:

On August 20, 2018, the initial complaint in this securities class action was filed against LogMeIn, Inc. (“LogMeIn” or the “Company”), and certain of LogMeIn’s officers and directors, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act.  

The complaint alleged that the defendants made materially false and/or misleading statements and omissions and engaged in a scheme to deceive the market. This course of wrongful conduct operated as a fraud or deceit on the class and caused the price of LogMeIn securities to be artificially inflated.  The materially false and/or misleading statements misrepresented and failed to disclose adverse facts pertaining to the Company’s business, operational and financial results.

This securities class action lawsuit was brought on behalf of all individuals and entities that purchased or otherwise acquired LogMeIn securities between September 13, 2017 and July 26, 2018, inclusive.

Current Status of Case:

On October 7, 2020, the Court issued an opinion and order granting the defendants’ motion to dismiss the amended class action complaint without prejudice. The lead plaintiff filed a second amended class action complaint on November 11, 2020.  This action is still ongoing.

If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 1-844-887-9500 (toll free) or 1-610-667-7706
Or by e-mail at info@ktmc.com

Please complete this form relating to your transactions for LogMeIn, Inc. (Nasdaq:  LOGM) publicly traded securities between between September 13, 2017 and July 26, 2018, inclusive (the “Class Period”).  

You may also contact James Maro, Jr., Esq. or Adrienne Bell, Esq. at 610.667.7706 or toll free at 844.887.9500, or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

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# of Shares
Price per Share
 
 
 
Principal Amount
Amount Paid
Series or CUSIP
 
 
 
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of LogMeIn, Inc. (2018) prior to the Class Period?
Are you a current or former employee of LogMeIn, Inc. (2018)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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