ROSEN, GLOBAL INVESTOR COUNSEL, encourages Bumble Inc. investors to seek advice before the important deadline in the securities class action (BMBL)

(MENAFN– EIN Presswire) NEW YORK, October 26, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Bumble Inc. securities. (NASDAQ: BBL) between November 7, 2023 and August 7, 2024, both dates inclusive (the “Class Period”), to the important Deadline for lead plaintiff November 25, 2024.

SO WHAT: If you purchased Bumble securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To enter the Bumble class promotion, visit or call Phillip Kim, Esq. toll-free at 866-767-3653 or email… for information about the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court no later than November 25, 2024 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources or any meaningful recognition from peers. Many of these firms do not actually litigate securities class actions, but are merely intermediaries that refer clients or work with law firms that actually litigate the cases. Be wise when choosing counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company managed to raise more than $438 million for investors. In 2020, founder Laurence Rosen was named Titan of Plaintiffs’ Bar by law360. Many of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, Defendants throughout the Class Period created the false impression that they had reliable information regarding Bumble’s projected revenue prospects and expected growth from its tiered subscription options and the app’s subsequent relaunch, while also misrepresenting the potential disruption of downplayed business operations. Bumble’s brand and reputation caused by the impending change in leadership. In reality, Bumble’s Premium Plus plan wasn’t a clear fit for the market and should be renewed very soon. Bumble’s tiered subscription options were ill-equipped to deliver the claimed revenue per user to Bumble’s faltering market share, especially in terms of user growth and monetization. Defendants misled investors by providing the public with materially flawed confidence statements and growth forecasts that failed to take these variables into account. When the real details emerged, the lawsuit alleged that investors suffered damages.

To enter the Bumble class promotion, visit or call Phillip Kim, Esq. toll-free at 866-767-3653 or email… for information about the class action.

No class is certified. Until a class is certified, you will not be represented by counsel unless you retain one. You can select a lawyer of your choice. You can also remain an absent class member and do nothing at this time. An investor’s ability to share in any future recovery is not contingent upon serving as lead plaintiff.

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Advertising lawyer. Previous results do not guarantee a comparable result.

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Contact details:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, PA
275 Madison Avenue, 40th floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
…

-P

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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.