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BMBL Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Bumble Inc.
GlobeNewswire News Room· 2024-11-05 00:36
RADNOR, Pa., Nov. 04, 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 ...
BMBL INVESTOR ALERT: Bumble Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2024-11-04 14:50
SAN DIEGO, Nov. 2, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Bumble Inc. (NASDAQ: BMBL) securities between November 7, 2023 and August 7, 2024, all dates inclusive (the "Class Period"), have until 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 as well as certain of Bumble's top executives with violation ...
BMBL ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Class Action Lawsuit Against Bumble Inc.
Prnewswire· 2024-11-03 14:00
RADNOR, Pa., Nov. 3, 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 ...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of November 25, 2024 in Bumble Inc. Lawsuit - BMBL
Prnewswire· 2024-10-31 09:45
Core Viewpoint - Bumble Inc. is facing a class action lawsuit due to allegations of providing misleading statements regarding its relaunch strategy and subscription offerings, which led to artificially inflated stock prices [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Bumble's management made overly positive statements while concealing material adverse facts about the relaunch of its Premium Plus subscription tier and other offerings [1]. - Following the release of disappointing fourth quarter fiscal 2023 results on February 27, 2024, Bumble's stock price fell from $13.18 to $11.23 per share [1]. - On August 7, 2024, Bumble announced mixed second quarter results and revealed that the app relaunch was not proceeding as planned, causing the stock price to drop from $8.06 to $5.71 per share [1]. Group 2: Class Action Details - Shareholders who purchased Bumble shares during the class period from November 7, 2023, to August 7, 2024, are encouraged to register for the class action, with a deadline of November 25, 2024 [2]. - Registered shareholders will receive updates through portfolio monitoring software regarding the status of the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3].
Bumble Inc. (BMBL) Laps the Stock Market: Here's Why
ZACKS· 2024-10-29 23:20
The most recent trading session ended with Bumble Inc. (BMBL) standing at $7.20, reflecting a +0.98% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.16% gain on the day. On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq increased by 0.78%. The company's shares have seen an increase of 11.76% over the last month, surpassing the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67%. The investment community wi ...
Can Bumble (BMBL) Keep the Earnings Surprise Streak Alive?
ZACKS· 2024-10-29 17:10
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Bumble Inc. (BMBL) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat. When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 109.05%, on average, in the last two quarters. F ...
Kessler Topaz Meltzer & Check, LLP Notifies Bumble Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit
Prnewswire· 2024-10-28 15:00
Core Viewpoint - A securities class action lawsuit has been filed against Bumble Inc. on behalf of investors who acquired Bumble securities between November 7, 2023, and August 7, 2024, with a lead plaintiff deadline set for November 25, 2024 [1]. Group 1: Allegations and Misconduct - The complaint alleges that Bumble's defendants misled investors by creating a false impression of having reliable information about the consumer market, which led to overconfidence in the relaunch of the Bumble app and its marketing campaign [3]. Group 2: Legal Process and Participation - Investors in Bumble can seek to be appointed as lead plaintiffs by November 25, 2024, or choose to remain absent class members, with the lead plaintiff representing the interests of all class members [4]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct, emphasizing their commitment to protecting investors and consumers [5].
Bumble Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - BMBL
Prnewswire· 2024-10-28 09:45
NEW YORK, Oct. 28, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bumble Inc. (NASDAQ: BMBL).Shareholders who purchased shares of BMBL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bumble-loss-submission-form/?id=109397&from=4CLASS PERIOD: November 7, 2023 to August 7, 2024 ...
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Bumble Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BMBL
GlobeNewswire News Room· 2024-10-26 23:36
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 action lawsuit pertains to Bumble Inc. securities purchased between November 7, 2023, and August 7, 2024, with a lead plaintiff deadline of November 25, 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 can join by contacting Rosen Law Firm [1][4] 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 and being ranked No. 1 for securities class action settlements in 2017 [2] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [2] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise [2] Group 3: 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 concerning its subscription options and leadership changes [3] - Bumble's Premium Plus subscription plan reportedly lacked a clear market fit and required significant revisions [3] - The defendants are accused of providing materially flawed statements that did not accurately reflect the company's challenges, leading to investor damages when the truth emerged [3]
BMBL INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Bumble Inc. Investors with Substantial Losses Have Opportunity to Lead Case
GlobeNewswire News Room· 2024-10-26 04:05
SAN DIEGO, Oct. 26, 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, inclusive (the "Class Period"), have until 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 as well as certain of Bumble's top executives with violations of ...