GRINDR INVESTORS: The Grindr Inc. (GRND) Take Private Sale is Under Investigation, Current Shareholders are Urged to Contact BFA Law

Core Viewpoint - Grindr Inc. is under investigation for potential breaches of fiduciary duties by its board of directors and majority stockholders in connection with a proposed take-private sale that would cash out minority shareholders [1][3][5] Group 1: Investigation Details - The investigation is led by Bleichmar Fonti & Auld LLP, focusing on majority stockholders James Fu Bin Lu and George Raymond Zage, III [1][5] - On October 14, 2025, SEC filings indicated that Lu and Zage proposed a transaction to take Grindr private, potentially excluding minority shareholders while maintaining their ownership [3] - Lu and Zage offered to purchase minority shareholders' shares for $18.00 each on October 24, 2025 [3] Group 2: Transaction Concerns - The proposed take-private transaction does not appear to require a majority-of-the-minority stockholder vote, raising concerns about the effectiveness of the special committee appointed by the board [4] - The investigation aims to determine if the board and majority stockholders have acted in the best interests of all shareholders during this process [5] Group 3: Legal Options for Shareholders - Current shareholders of Grindr are encouraged to seek additional information and may have legal options available [2][6] - BFA Law operates on a contingency fee basis, meaning shareholders will not incur costs unless the firm secures a favorable outcome [6]