RADNOR, Pa., Nov. 21, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Bumble Inc. ("Bumble") (NASDAQ: BMBL) on behalf of investors who purchased or otherwise acquired Bumble securities between November 7, 2023 and August 7, 2024, inclusive (the "Class Period")  The lead plaintiff deadline is November 25, 2024.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Bumble losses, you may ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bumble Inc. securities between November 7, 2023, and August 7, 2024, of the upcoming lead plaintiff deadline on November 25, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bumble securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 25, 2024 [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: Case Allegations - The lawsuit alleges that Bumble's management misled investors by presenting false information regarding the company's revenue outlook and growth potential, particularly related to its tiered-subscription options and app relaunch [4]. - It is claimed that Bumble's Premium Plus subscription plan lacked a clear market fit and required significant revisions, while the tiered-subscription options failed to deliver the projected revenue per user, impacting Bumble's market share [4]. - The misleading statements made by the defendants resulted in investor damages when the true situation was revealed [4].

SAN DIEGO, Nov. 20, 2024 (GLOBE NEWSWIRE) --  Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Bumble Inc. (NASDAQ: BMBL) securities between November 7, 2023 and August 7, 2024, both dates inclusive (the “Class Period”), have until Monday, November 25, 2024 to seek appointment as lead plaintiff of the Bumble class action lawsuit. Captioned Holzer v. Bumble Inc., No. 24-cv-01131 (W.D. Tex.), the Bumble class action lawsuit charges Bumble and certain of Bumble’s top executives with v ...

RADNOR, Pa., Nov. 19, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas against Bumble Inc. (“Bumble”) (NASDAQ: BMBL) on behalf of investors who purchased or otherwise acquired Bumble securities between November 7, 2023 and August 7, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is November 25, 2024. CONTACT ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bumble Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Bumble securities lawsuit is from November 7, 2023, to August 7, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by November 25, 2024, to serve as lead plaintiff [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors [3] Group 3: Case Allegations - The lawsuit alleges that Bumble's management misled investors regarding the company's revenue outlook and growth potential, particularly concerning its subscription options and leadership changes [4] - Bumble's Premium Plus subscription plan reportedly lacked a clear market fit and required revamping [4] - The defendants are accused of providing materially flawed statements that did not accurately reflect the company's market challenges, leading to investor damages when the truth emerged [4]

Core Viewpoint - Bumble Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its relaunch strategy and subscription offerings, which led to artificially inflated stock prices [2][4]. Group 1: Allegations and Impact - The class period for the lawsuit is from November 7, 2023, to August 7, 2024, during which Bumble allegedly provided positive statements while concealing material adverse facts about its Premium Plus subscription and app relaunch strategy [2]. - The company's stock price fell from $13.18 on February 27, 2024, to $11.23 on February 28, 2024, following the announcement of disappointing fourth quarter fiscal 2023 results and the need to revamp the Premium Plus tier [2]. - On August 7, 2024, Bumble's stock price dropped from $8.06 to $5.71 the next day after announcing mixed second quarter results and a need to "reset" its outlook, indicating that the app relaunch was not proceeding as planned [2]. Group 2: Next Steps for Shareholders - Shareholders who purchased Bumble shares during the specified class period are encouraged to register for the class action by November 25, 2024, to potentially become lead plaintiffs [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case, with no cost or obligation to participate [3]. Group 3: Legal Representation - The Gross Law Firm is leading the class action, emphasizing its commitment to protecting investors' rights against deceit and fraud in business practices [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bumble Inc. securities between November 7, 2023, and August 7, 2024, of the upcoming lead plaintiff deadline on November 25, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bumble securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 25, 2024 [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: Case Allegations - The lawsuit alleges that Bumble's management misled investors by presenting false information regarding the company's revenue outlook and growth potential, particularly related to its tiered-subscription options and app relaunch [4]. - It is claimed that Bumble's Premium Plus subscription plan lacked a clear market fit and required significant revisions, while the tiered-subscription options failed to deliver the expected revenue per user, impacting Bumble's market share [4]. - The defendants are accused of providing materially flawed statements that did not consider the potential negative impact of leadership changes on Bumble's brand and reputation, leading to investor losses when the truth was revealed [4].

RADNOR, Pa., Nov. 15, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Bumble Inc. ("Bumble") (NASDAQ: BMBL) on behalf of investors who purchased or otherwise acquired Bumble securities between November 7, 2023 and August 7, 2024, inclusive (the "Class Period") The lead plaintiff deadline is November 25, 2024.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Bumble losses, you may C ...

ATLANTA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors of the November 25, 2024 Lead Plaintiff deadline in the following class action lawsuits. Bumble Inc. A shareholder class action lawsuit has been filed against Bumble Inc. (“Bumble” or the “Company”) (NASDAQ: BMBL). The lawsuit alleges that Defendants created the false impression that they possessed reliable information pertaining to the Company’s projected revenue outlook and anticipated growth, while also downplaying the pote ...

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