{"id":477320,"date":"2021-04-15T17:12:10","date_gmt":"2021-04-15T21:12:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-lifemd-inc-lfmd-on-behalf-of-investors\/"},"modified":"2021-04-15T17:12:10","modified_gmt":"2021-04-15T21:12:10","slug":"investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-lifemd-inc-lfmd-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-lifemd-inc-lfmd-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors <\/b><\/p>\n<p>BENSALEM, Pa.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLaw Offices of Howard G. Smith continues its investigation on behalf of LifeMD, Inc. (\u201cLifeMD\u201d or the \u201cCompany\u201d) (NASDAQ: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FLFMD&amp;esheet=52412810&amp;newsitemid=20210415006080&amp;lan=en-US&amp;anchor=LFMD&amp;index=1&amp;md5=113390464a840ac5d9f44c0666c1e738\">LFMD<\/a>) investors concerning the Company and its officers\u2019 possible violations of federal securities laws.\n<\/p>\n<p>\nOn April 14, 2021, Culper Research issued a report alleging that \u201cLifeMD appears to use unlicensed doctors to dispense OTC medications, has implemented an autoshipping\/autobilling scheme, failed to honor guarantees, and put in place abusive telemarketing practices.\u201d The report also alleged that several of the Company\u2019s executives were involved in \u201cwide ranging fraud\u201d at Redwood Scientific, which was charged by the U.S. Federal Trade Commission for \u201cunlawful autoshipping, abusive telemarketing, and false claims.\u201d Specifically, according to Culper Research, \u201cmany customers are effectively duped into purchasing subscriptions rather than one-time purchases\u201d and LifeMD \u201cmakes cancellations difficult if not impossible.\u201d\n<\/p>\n<p>\nOn this news, the Company\u2019s share price fell $2.84, or 24%, to close at $9.00 per share on April 14, 2021, thereby injuring investors.\n<\/p>\n<p>\nIf you purchased LifeMD securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to <a rel=\"nofollow\" href=\"mailto:howardsmith@howardsmithlaw.com\">howardsmith@howardsmithlaw.com<\/a>, or visit our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.howardsmithlaw.com&amp;esheet=52412810&amp;newsitemid=20210415006080&amp;lan=en-US&amp;anchor=www.howardsmithlaw.com&amp;index=2&amp;md5=2b0ae9125470361e8ca762002c41eff6\">www.howardsmithlaw.com<\/a>.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210415006080r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210415006080\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210415006080\/en\/<\/a><\/span><\/p>\n<p>\nLaw Offices of Howard G. Smith<br \/>\n<br \/>Howard G. Smith, Esquire<br \/>\n<br \/>215-638-4847<br \/>\n<br \/>888-638-4847<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:howardsmith@howardsmithlaw.com\">howardsmith@howardsmithlaw.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.howardsmithlaw.com&amp;esheet=52412810&amp;newsitemid=20210415006080&amp;lan=en-US&amp;anchor=www.howardsmithlaw.com&amp;index=3&amp;md5=bc9fd9a148552ef41898e6686707cc34\">www.howardsmithlaw.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors BENSALEM, Pa.&#8211;(BUSINESS WIRE)&#8211; Law Offices of Howard G. Smith continues its investigation on behalf of LifeMD, Inc. (\u201cLifeMD\u201d or the \u201cCompany\u201d) (NASDAQ: LFMD) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On April 14, 2021, Culper Research issued a report alleging that \u201cLifeMD appears to use unlicensed doctors to dispense OTC medications, has implemented an autoshipping\/autobilling scheme, failed to honor guarantees, and put in place abusive telemarketing practices.\u201d The report also alleged that several of the Company\u2019s executives were involved in \u201cwide ranging fraud\u201d at Redwood Scientific, which was charged by the U.S. Federal Trade Commission for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-lifemd-inc-lfmd-on-behalf-of-investors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-477320","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-continues-investigation-of-lifemd-inc-lfmd-on-behalf-of-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. (LFMD) on Behalf of Investors BENSALEM, Pa.&#8211;(BUSINESS WIRE)&#8211; Law Offices of Howard G. Smith continues its investigation on behalf of LifeMD, Inc. (\u201cLifeMD\u201d or the \u201cCompany\u201d) (NASDAQ: LFMD) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On April 14, 2021, Culper Research issued a report alleging that \u201cLifeMD appears to use unlicensed doctors to dispense OTC medications, has implemented an autoshipping\/autobilling scheme, failed to honor guarantees, and put in place abusive telemarketing practices.\u201d The report also alleged that several of the Company\u2019s executives were involved in \u201cwide ranging fraud\u201d at Redwood Scientific, which was charged by the U.S. Federal Trade Commission for &hellip; Continue reading &quot;INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. 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(\u201cLifeMD\u201d or the \u201cCompany\u201d) (NASDAQ: LFMD) investors concerning the Company and its officers\u2019 possible violations of federal securities laws. On April 14, 2021, Culper Research issued a report alleging that \u201cLifeMD appears to use unlicensed doctors to dispense OTC medications, has implemented an autoshipping\/autobilling scheme, failed to honor guarantees, and put in place abusive telemarketing practices.\u201d The report also alleged that several of the Company\u2019s executives were involved in \u201cwide ranging fraud\u201d at Redwood Scientific, which was charged by the U.S. Federal Trade Commission for &hellip; Continue reading \"INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of LifeMD, Inc. 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