LegalZoom.com Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into LegalZoom.com (LZ)

JPMorgan and William Blair downgraded LegalZoom after the Company guided third-quarter revenue to $194 million -- below Wall Street estimates -- and cut its full-year outlook. Levi & Korsinsky is investigating potential securities law violations. NEW YORK , Aug. 10, 2026 /PRNewswire/ -- Two Wall Street firms downgraded LegalZoom.com, Inc. (NASDAQ: LZ ) after the Company's August 5, 2026 second-quarter release, and the stock declined as investors reacted to a reduced forward outlook. Shareholders who lost money on LZ are encouraged to submit their losses for review here or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500. The reported quarter did not drive the decline. LegalZoom reported revenue of approximately $205.3 million and adjusted earnings of $0.16 per share, exceeding consensus estimates. Instead, the market reacted to the Company's reduced outlook. For the third quarter, LegalZoom guided third-quarter revenue to approximately $194 million, below analyst expectations, and lowered full-year 2026 revenue guidance to approximately $795 million to $805 million from its prior range of $810 million to $830 million. The Company also announced a workforce reduction of approximately 13%. Following these disclosures, JPMorgan and William Blair downgraded LegalZoom, citing reduced growth visibility and concerns regarding the sustainability of the Company's search-driven customer acquisition channel. Investors who purchased LZ shares and suffered losses may request a no-cost claim evaluation , or call (212) 363-7500.