诉讼背景 - 证券欺诈集体诉讼案件Johnston诉LifeMD公司案已提交 案件编号1:25-cv-04761 寻求代表在2025年5月7日至8月5日期间购买或获得LifeMD证券的投资者 [1] - 诉讼源于公司公布令人失望的2025年第二季度财务业绩并下调三个月前刚刚提升的业绩指引 [1] 财务表现 - 2025年5月6日公司报告第一季度业绩时 将全年营收和调整后EBITDA指引上调 [3] - 2025年8月5日公布第二季度业绩时 低于GAAP每股收益和营收共识预期 [5] - 将2025年5月给出的营收指引下限和上限分别下调约6.7%和7.3% [5] - 将调整后EBITDA指引下限和上限分别下调约13%和12% [5] 业务运营问题 - 公司声称在虚拟肥胖护理领域建立了"定义类别的竞争护城河" RexMD品牌表现异常出色 收入和活跃患者数量持续增长 [4] - 实际上面临高于预期的退款率 原因包括患者缺乏药物保险覆盖或无法承担品牌疗法自费费用 [6] - RexMD业务遭遇挑战 主要由于高度竞争的ED市场中客户获取成本暂时升高 [6] 市场反应 - 2025年8月6日LifeMD股价暴跌5.31美元 跌幅达44% [6] 指控内容 - 诉讼指控公司在2025年5月6日作出虚假和误导性陈述 未向投资者披露关键信息 [4] - 具体指控包括： materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive 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competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive position materially overstated its competitive 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调查重点为公司在2025年5月6日作出指引时是否鲁莽 当时体重管理业务正经历较高退款率 RexMD正经历客户获取成本升高 [7]