FINAL DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of …

Reminder: Investors who suffered losses of $75,000 or more in Bumble Inc. between November 7, 2023, and August 7, 2024, have until November 25, 2024, to seek the role of lead plaintiff in a federal securities class action against the company.

Faruqi & Faruqi, LLP, a well-known national securities law firm, is investigating potential claims against Bumble Inc. (NASDAQ: BMBL). The firm has helped investors recover hundreds of millions of dollars since 1995.

The complaint alleges that Bumble and its executives violated federal securities laws by providing investors with misleading information about the company’s revenue in 2023 and expected guidance for 2024. While making positive statements about its relaunch strategy and subscription tiers, Bumble failed to disclose crucial information, leading to inflated stock prices.

The truth came to light when Bumble reported disappointing financial results in February 2024, causing a significant drop in its stock price. Subsequent updates on the company’s progress further impacted its stock price, highlighting the risks investors faced due to inaccurate information provided by Bumble.

Investors who wish to participate in the class action can take action to serve as lead plaintiff or remain as absent class members. Faruqi & Faruqi, LLP encourages individuals with relevant information about Bumble’s conduct to come forward, including whistleblowers, former employees, and shareholders.

To learn more about the class action against Bumble Inc., visit www.faruqilaw.com/BMBL or contact Faruqi & Faruqi directly. Remember, past results do not guarantee future outcomes, and all communications will be handled confidentially.