LogMeIn Beats Investor Class Suit Over GetGo Billing, for Now

LogMeIn Inc. is free of a would-be class suit accusing it of making misleading statements about billing transitions after a federal judge in Massachusetts dismissed the case Wednesday, but investors can try again on some allegations.

The software firm’s investors didn’t sufficiently allege that it misled them about problems integrating GetGo customers and transitioning them from monthly to annual billing plans after a merger that closed in 2017, the U.S. District Court for the District of Massachusetts said.

None of the allegedly fraudulent statements are actionable, Judge Allison D. Burroughs’s opinion said. Most weren’t material misstatements or omissions, and ...