Portnoy Law Firm Announces Class Action On Behalf Of Lifemd, Inc. Investors
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email:..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
On August 5, 2025, LifeMD announced its second quarter 2025 results. Among other items, the Company revealed that higher customer acquisition costs pressured its business during the June quarter. Specifically, LifeMD spent 5% to 25% more to drive new customers to its RexMD platform- a telehealth platform focusing on men's health-in the second quarter compared to the first. In reacting to this announcement, a KeyBanc Capital Markets analyst stated that LifeMD“took its eye off the ball” in managing customer acquisition costs for RexMD amid its“enormous transition” in the quarter into the weight management space. On this news, Fluor's stock price fell $5.31 per share, or 44.84%, to close at $6.53 per share on August 6, 2025.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
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310-692-8883
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