Bumble(US:BMBL) Prnewswireยท2024-11-22 00:00Core 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 during the Class Period, 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, through Kessler Topaz Meltzer & Check, LLP or other counsel, or they may choose to remain absent class members [4]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [4]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a global reputation for recovering billions of dollars for victims of corporate misconduct [5].