Lead Plaintiff Deadline: March 25, 2022
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directly in Bumble’s secondary public stock offering which took place on or about September 10, 2021
(a) Bumble’s paying user growth trends had abruptly reversed in 3Q21 and the Company had actually lost tens of thousands of paying users during the quarter; (b) paying users had been more reluctant to sign up for the Bumble app during 3Q21 because of the recent price hike for paid services on the app; (c) a material number of paying users were leaving the Badoo app, a dating-focused social network, and/or could not make payments through the Badoo app due, in substantial part, to problems arising from the Company’s transition of its payment platform; and (d) as a result of the foregoing, Bumble’s business metrics and financial prospects were not as strong as the Registration Statement had represented.
In order to be included in the lawsuit, you must have incurred a loss on shares of Bumble purchased or acquired during the class period listed above.
If you suffered a loss in Bumble during the relevant time frame, you have until March 25, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.