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].
Kessler Topaz Meltzer & Check, LLP Notifies Bumble Inc. Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit