This setting determines whether or not your site will disable the Lost Password link on the wp-login.php page.
This setting allows two options, “Yes” or “No”.
The default setting is “No”.
When set to “Yes”, the Lost Password feature is disabled for all users.
If set to “No”, the Lost Password link is available.
You can find this setting under Memberium -> Settings -> Logins tab.
This is a new feature in Memberium v2.39