Full Press Release Details
Responds to Anonymous Short "Report"
YORK, NY, April 15, 2021 - LifeMD, Inc. ("the Company") (NASDAQ: LFMD) is a leading direct-to-patient telehealth
an unsigned note making false claims against LifeMD
and its present and former officers was posted on the website of a purported research firm. LifeMD
has never had any contact or interaction with anyone affiliated with that firm. The Company's outside legal counsel, Quinn
Emanuel Urquhart & Sullivan, LLP, is investigating the source of these false claims, and the Company will take appropriate legal
action. The Company will soon provide a more detailed public response. Anyone with information regarding the persons or entities behind
these claims is encouraged to contact the Company at Legal@LifeMD.com. LifeMD stands behind its prior statements and regulatory
disclosures as filed with the U.S. Securities and Exchange Commission.
more information about the Company, please view its disclosure documents as filed with the Securities and Exchange Commission. These
filings are available online at www.sec.gov or in the Investors section of the Company's website at www.LifeMD.com.
Inc. is a leading telehealth company that is transforming the healthcare landscape with direct-to-patient product and service offerings.
LifeMD's telemedicine platform enables virtual access to affordable and convenient medical treatment from licensed providers and,
when appropriate, prescription medications and over-the-counter products delivered directly to the patient's home. To learn more,
Note Regarding Forward Looking Statements
news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects-both business and
financial. While we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements
are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements
are inherently subject to risks, uncertainties, and assumptions. Many of the forward-looking statements contained in this news release
may be identified by the use of forward-looking words such as "believe," "expect," "anticipate,"
"should," "planned," "will," "may," "intend," "estimated," and
"potential," among others. Important factors that could cause actual results to differ materially from the forward-looking
statements we make in this news release include market conditions and those set forth in reports or documents that we file from time
to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to LifeMD, Inc. or a person
acting on its behalf are expressly qualified in their entirety by this cautionary language.
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