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ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Bumble Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – BMBL - Business Wire China
<!DOCTYPE html> <html lang="en" xmlns:wb="//open.weibo.com/wb"> <head> <meta charset="utf-8"> <title>ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Bumble Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – BMBL - Business Wire China</title> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="description" content="NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bumble Inc. (NASDAQ:"> <meta name="keywrods" content=""> <meta name="author" content="Business Wire China"> <link href="/css/bootstrap.css" rel="stylesheet"> <link href="/css/main.css?ver=20220804" rel="stylesheet"> <link href="/css/bootstrap-responsive.css" rel="stylesheet"> <script type="text/javascript" src="/js/jquery.min.js"></script> <script type="text/javascript" src="/js/bootstrap.js"></script> <script type="text/javascript" src="/js/main.js"></script> <!--[if lt IE 9]> <script src="//html5shim.googlecode.com/svn/trunk/html5.js"></script> <![endif]--> <script src="//tjs.sjs.sinajs.cn/open/api/js/wb.js" type="text/javascript" charset="utf-8"></script> </head> <body> <!--header--> <div class="header"> <div class="wrap"> <div class="container"> <div class="full_980 relative"> <!--top_panel--> <div class="top_panel visible-desktop"> <a href="/zh">简体中文</a> | <a href="/hk">繁體中文</a> | <a href="/en">English</a> <div class="globalsite"><select id="globalsite" class="languages"><option value="0">Business Wire Global sites</option> <option value="1">Business Wire Global</option><option value="3">UK/Ireland</option><option value="4">Deutschland</option><option value="5">France</option><option value="6">Italy</option><option value="7">Japan</option> </select> </div> </div> <div class="logo"><a href="/en"><img src="/images/bwlogo_webmain_china.png" alt="Business Wire China" width="360" height="80"/></a></div> <div class="clear"></div> <div class="navigation"> <ul class="sf-menu"> <li class="current"><a href="/en">Home</a> </li> <li><a href="/en/news/index.html">News</a> </li> <li><a href="/en/events/index.html">Events</a> </li> <li><a href="/en/medias/index.html">Media Services</a> </li> <li><a href="/en/about/index.html">About Us</a> <ul> <li><a href="/en/about/contact.html">Contact Us</a></li> </ul> </li> </ul> <div class="clear"></div> <!--search_form--> <div class="search_form visible-desktop"> <form action="/en/news/search" method="get"> <input class="inp_search" name="s" type="text" value="Search..." title="Search..." /> <input type="submit" class="search_btn" value=" " /> </form> </div> <!--search_form--> </div> <!--//navigation--> </div> </div> </div> </div> <!--//header--> <!--page_content--> <div class="page_wrapper"> <div class="wrap"> <div class="container"> <div id="content"> <script src="http://tjs.sjs.sinajs.cn/open/api/js/wb.js?appkey=3616646312" type="text/javascript" charset="utf-8"></script> <script type="text/javascript" src="/js/swfobject.js"></script> <div class="full_980 main_wrap"> <div class="row"> <div class="span9 main_block story"> <p><a href="https://rosenlegal.com/" target="_blank"><img src="/files/logos/R/ROSEN_LOGO.jpg" alt="ROSEN 2021"></a></p> <h2 class="storytitle">ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Bumble Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – BMBL</h2> <div class="storytimelang"> <span class="time">2022-02-28 18:50</span> <span class="lang"> <ul> <li><a href="/zh/news/49733.html"><img src="/images/zh_cn.png" alt="zh_cn"></a></li> <li><a href="/hk/news/49733.html"><img src="/images/zh_hant.png" alt="zh_hant"></a></li> <li><a href="/en/news/49733.html"><img src="/images/en.png" alt="en"></a></li> </ul> </span> <div class="clear"></div> </div> <ul class="industry-list"> <li><a href="/en/industry/finance.html" class="btn">Finance</a></li> <li><a href="/en/industry/legal.html" class="btn">Legal</a></li> </ul> <div class="storycontent"> <div itemprop="articleBody"> <p> NEW YORK--(<span itemid="https://www.businesswire.com" itemprop="provider publisher copyrightHolder" itemscope="itemscope" itemtype="https://schema.org/Organization"><span itemprop="name"><a href="https://www.businesswire.com/" itemprop="url" referrerpolicy="unsafe-url" rel="nofollow">BUSINESS WIRE</a></span></span>)--<strong>WHY: </strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bumble Inc. (NASDAQ: BMBL) in connection with the Company’s September 10, 2021 secondary public offering (the “SPO”), of the important <strong>March 25, 2022 lead plaintiff deadline</strong>.</p> <p> <strong>SO WHAT:</strong> If you purchased Bumble securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.</p> <p> <strong>WHAT TO DO NEXT: </strong>To join the Bumble class action, go to <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D3076&esheet=52586260&newsitemid=20220227005159&lan=en-US&anchor=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D3076&index=1&md5=b1056a1b4b8468272f82d4beeeeff7cf" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://rosenlegal.com/submit-form/?case_id=3076</a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href="mailto:pkim@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">pkim@rosenlegal.com</a> or <a href="mailto:cases@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">cases@rosenlegal.com</a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <strong>no later than March 25, 2022</strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.</p> <p> <strong>WHY ROSEN LAW: </strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. <strong>Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. </strong>Be wise in selecting 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 securities 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 firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.</p> <p> <strong>DETAILS OF THE CASE: </strong>According to the lawsuit, the SPO’s registration statement contained inaccurate statements of material fact because it failed to disclose that: (1) Bumble’s paying user growth trends had abruptly reversed in 3Q21 and Bumble had actually lost tens of thousands of paying users during the quarter; (2) 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; (3) a material number of paying users were leaving the Badoo app 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 (4) as a result, Bumble’s business metrics and financial prospects were not as strong as the registration statement had represented. When the true details entered the market, the lawsuit claims that investors suffered damages.</p> <p> To join the Bumble class action, go to <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D3076&esheet=52586260&newsitemid=20220227005159&lan=en-US&anchor=https%3A%2F%2Frosenlegal.com%2Fsubmit-form%2F%3Fcase_id%3D3076&index=2&md5=7438777e8c2768f9379c4b0586844292" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://rosenlegal.com/submit-form/?case_id=3076</a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href="mailto:pkim@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">pkim@rosenlegal.com</a> or <a href="mailto:cases@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">cases@rosenlegal.com</a> for information on the class action.</p> <p> No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.</p> <p> Follow us for updates on LinkedIn: <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&esheet=52586260&newsitemid=20220227005159&lan=en-US&anchor=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&index=3&md5=2d4e0fa999b40f55cfe48efec111db16" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://www.linkedin.com/company/the-rosen-law-firm</a>, on Twitter: <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2Frosen_firm&esheet=52586260&newsitemid=20220227005159&lan=en-US&anchor=https%3A%2F%2Ftwitter.com%2Frosen_firm&index=4&md5=4f5df7e0118fb27b85c546957bc3c706" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://twitter.com/rosen_firm</a> or on Facebook: <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&esheet=52586260&newsitemid=20220227005159&lan=en-US&anchor=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&index=5&md5=df57a9f28b5ddca9e09f7f212cb94560" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">https://www.facebook.com/rosenlawfirm/</a>.</p> <p> Attorney Advertising. Prior results do not guarantee a similar outcome.</p> </div> <div> <h2> Contacts</h2> <p> Laurence Rosen, Esq.<br /> Phillip Kim, Esq.<br /> The Rosen Law Firm, P.A.<br /> 275 Madison Avenue, 40th Floor<br /> New York, NY 10016<br /> Tel: (212) 686-1060<br /> Toll Free: (866) 767-3653<br /> Fax: (212) 202-3827<br /> <a href="mailto:lrosen@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">lrosen@rosenlegal.com </a><br /> <a href="mailto:cases@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">cases@rosenlegal.com </a><br /> <a href="mailto:pkim@rosenlegal.com" referrerpolicy="unsafe-url" rel="nofollow" shape="rect" target="_blank">pkim@rosenlegal.com </a><br /> <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.rosenlegal.com&esheet=52586260&newsitemid=20220227005159&lan=en-US&anchor=www.rosenlegal.com&index=6&md5=db9c24c4f01f28eac8e99efb776f1038" referrerpolicy="unsafe-url" 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