BMBL News |BMBL Stock | Bumble Inc News (#BMBL) Shareholders Class Action Lawsuit Bumble Inc $BMBL
Posted by FraudNewsWire
March 10, 2022

Deadline πŸ‘‰ March 25, 2022 BMBL News |BMBL Stock | Bumble Inc News (#BMBL) Shareholders Class Action Lawsuit Bumble Inc $BMBL

BMBL News and BMBL Stock

The lawsuit, filed in the Southern District of New York, seeks to recover shareholders’ losses with NO out-of-pocket cost.

The class action alleges that:

(a) Bumble’s paying user growth trends had abruptly reversed in 3Q21 and the Company had actually lost tens of thousands of paying users during the quarter.

(b) Paying users had been more reluctant to sign up for the Bumble app during 3Q21 because of the recent price hike for paid services on the app.

(c) A material number of paying users were leaving the Badoo app and/or could not make payments through the Badoo app due, in substantial part, to problems arising from the Company’s transition of its payment platform.

(d) As a result of the foregoing, Bumble’s business metrics and financial prospects were not as strong as the Registration Statement had represented.

Investors who suffered losses on Bumble shares, only have until March 25, 2022 to request that the court appoint you as a lead plaintiff. Acting as a lead plaintiff is not a requirement to participate in monetary recovery, but you must meet the deadline to be considered as a lead plaintiff.

Vincent Wong Esq Law Offices is here to assist you to register click here πŸ‘‰

The Law Offices of Vincent Wong is a highly experienced corporate and securities firm concentrating in mergers and acquisitions, corporate finance, and securities law. We represent individual shareholders, private equity funds and investment banks in a variety of corporate transactional and litigation matters. Prior results do not guarantee similar outcomes, and this video may be considered attorney advertising under the laws of your state.

BMBL News and BMBL Stock

Keep track of your shares through our program partner, at no cost to you. Register on CORE. Join more than 150K users and protect your portfolio πŸ‘‰
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______________________Time Stamp ⌚ ________________________
00:00 BMBL News
00:44 The lawsuit, filed in the Southern District of New York
00:50 The class action alleges that
01:404 The Law Offices of Vincent Wong


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