The law firm of Kessler Topaz Meltzer & Check, LLP has filed a class action lawsuit has been filed against Bumble Inc.
The action charges Bumble with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Bumble’s materially misleading statements to the public, the law firm claims that Bumble investors have suffered significant losses.
Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Their securities fraud litigators are regularly recognised as leaders in the field individually and as a firm they have recovered billions of dollars for the clients and classes of shareholders they represent.
The law firm have released a video outlining key facts and statements in the case, as well the allegations against Bumble. You can view the video here.