LegalZoom.com, Inc. (LZ) Securities Investigation Notice - Levi & Korsinsky
Unusual Whales
Shares of LegalZoom experienced a decline following the Company's revision of full-year revenue projections to around $795-$805 million, down from the initial range of $810-$830 million. Concurrently, the Company also disclosed a workforce reduction of about 13%. Levi & Korsinsky is currently probing potential securities law breaches on behalf of LZ investors who incurred losses.