LogMeIn, Inc. Securities Fraud Class Action

LogMeIn, Inc. Securities Fraud Class Action

CompanyLogMeIn, Inc.
CourtUnited States District Court for the District of Massachusetts
Case Number18-cv-12330
JudgeHonorable Allison Dale Burroughs
Class PeriodSeptember 13, 2017 through July 26, 2018
Security TypeSecurities

Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired the LogMeIn, Inc. (“LogMeIn”) securities between September 13, 2017 and July 26, 2018, inclusive (the “Class Period”).

The complaint alleges that, throughout the Class Period, 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 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, operations and financial results.

Current Status of Case:
On March 18, 2021, the Court granted Defendants’ Motion to Dismiss the Amended Complaint. This action has concluded.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. 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.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.  

Complete this form with your transactions in LogMeIn, Inc. between September 13, 2017 through July 26, 2018.

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