2024-11-19 | Schall Law Firm Invites Investors to Participate in Securities Fraud Case Against Bumble Inc | NDAQ:BMBL

On By Pranco

LOS ANGELES, CA / ACCESSWIRE / November 19, 2024 / The Schall Law Firm, a national shareholder rights law firm, reminds investors of a class action lawsuit against Bumble Inc. (“Bumble” or “the Company”) (NASDAQ:BMBL) for violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission Exchange Commission.

Investors who purchased the Company’s securities between November 7, 2023 and August 7, 2024, inclusive (the “Class Period”), are encouraged to contact the Company before November 25, 2024.

Are you a shareholder and have you suffered a loss? click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights, free of charge. You can also reach us via the company website: www.schallfirm.comor by email at [email protected].

In this case, the class has not yet been certified and until certification occurs, you will not be represented by an attorney. If you choose to take no action, you may remain an absent class member.

According to the complaint, the company made false and misleading statements to the marketplace. Bumble disseminated false and misleading material about its relaunch strategy, including concealing materially unfavorable facts about its premium offerings to paid subscribers. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Bumble, investors suffered.

Join the cause to recover your losses.

The Schall Law Firm represents investors worldwide and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered attorney advertising in some jurisdictions under applicable law and ethical rules.

CONTACT:

Schall law firm

Brian Schall, Esq.

310-301-3335

[email protected]

www.schallfirm.com

SOURCE: Schall law firm

View the original press release at accesswire.com