Why LifeMD Stock Is Plunging Today

Why LifeMD Stock Is Plunging Today

Perhaps we can attribute LifeMD's woes on the market today to a shareholder class action lawsuit against the company filed by Pennsylvania-based law firm Kaskela Law. Understanding the basis for Kaskela Law's class action lawsuit requires a bit of background information. On April 14, investigative research firm Culper Research made serious accusations against LifeMD in a short-seller report.