SAN DIEGO, Feb. 11, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of LogMeIn, Inc. (NASDAQ: LOGM).

Investors, who purchased shares of LogMeIn, Inc. (NASDAQ: LOGM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On August 20, 2018, a lawsuit was filed against LogMeIn, Inc. (NASDAQ: LOGM) over alleged securities laws violations. More specifically, the plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that LogMeIn’s business practices had negatively impacted renewal rates for certain of its services, and that as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. On November 6, 2018, the case was transferred to the District of Massachusetts.

Those who purchased LogMeIn, Inc. (NASDAQ: LOGM) shares should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
mail@shareholdersfoundation.com 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.