Law firm investigates alleged Bumble misstatements, leading to potential class-action lawsuit for investors.
Faruqi & Faruqi, LLP is investigating Bumble Inc. for allegedly misleading investors about its performance and growth strategies during fiscal 2023 and 2024. A class-action lawsuit claims Bumble provided false information, leading to inflated stock prices before significant declines following poor financial results. Investors who lost over $75,000 between November 2023 and August 2024 can seek recovery. The deadline to apply as lead plaintiff is November 25, 2024.
September 24, 2024
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