---
schema_version: "secwatch.filing_event.v1"
accession: "0001286139-23-000019"
form_type: "8-K/A"
ticker: "LZ"
cik: "0001286139"
company_name: "LEGALZOOM.COM, INC."
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-18T23:14:58.774744+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LegalZoom restates Q1-Q3 2022 financials due to tax error; net loss adjustments up to $5.3M

## Summary
- Error in Section 162(m) executive comp deduction caused understated deferred tax assets and overstated income tax provision.
- Q1 2022 net loss overstated by $4.9M; Q2 2022 six-month net loss overstated by $5.3M.
- Q3 2022 three-month net loss understated by $1.8M; nine-month net loss overstated by $3.4M.
- New material weakness identified in controls over income tax provision; aggregates with prior weaknesses.
- Restatement does not affect full-year 2022 results; restated figures to be included in 2022 10-K.

## SEC filing metadata
- accession: 0001286139-23-000019
- form_type: 8-K/A
- ticker: LZ
- cik: 0001286139
- company_name: LEGALZOOM.COM, INC.
- filed_at: 2023-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286139/000128613923000019/0001286139-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286139/000128613923000019/lz-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001286139-23-000019
- JSON: https://secwatch.observer/filing/0001286139-23-000019.json
- Plain text: https://secwatch.observer/filing/0001286139-23-000019.txt

## Key facts
- Auditor Changes
  LEGALZOOM.COM, INC. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: Accordingly, the unaudited condensed consolidated financial statements included in the Q2 2022 Form 10-Q and the Q3 2022 Form 10-Q require restatement and should also no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1286139/000128613923000019/0001286139-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.