San Diego, CA -- (SBWIRE) -- 03/22/2022 -- The Shareholders Foundation announced that a deadline is coming up on March 25, 2022 in the lawsuit filed for certain investors of Bumble Inc. (NASDAQ: BMBL).

Investors who purchased shares of Bumble Inc. (NASDAQ: BMBL) have certain options and there are strict and short deadlines running. Deadline: March 25, 2022. NASDAQ: BMBL stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Bumble Inc. (NASDAQ: BMBL) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that SPO's registration statement contained inaccurate statements of material fact because they failed to disclose that 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, that 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, that 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 Bumble's transition of its payment platform, and that as a result, Bumble's business metrics and financial prospects were not as strong as the registration statement had represented.

Those who purchased shares of Bumble Inc. (NASDAQ: BMBL) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.