Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of LogMeIn Inc (NASDAQ: LOGM) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of LogMeIn Inc (NASDAQ: LOGM) concerning whether a series of statements by LogMeIn Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On July 27, 2018, the Company revealed lowered revenue expectations for 2018. During a conference call with investors, Bill Wagner, the Company CEO detailed “executional missteps” related to the company's $1.8 billion merger with GoToMeeting. Specifically, Bill Wagner claimed that customers were not renewing their subscriptions to the suite of corporate video conferencing tools that LogMeIn acquired from Citrix in February 2017.

Following this news, NASDAQ: LOGM fell 25%, or $26.60, to close at $77.85 on July 27, 2018.

Based in Boston, Massachusetts, and founded in 2003 LogMeIn Inc provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions.

If you purchased shares of LogMeIn Inc (NASDAQ: LOGM) on or before July 27, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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