Bumble Inc. Investigation - BMBL
Case Summary
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Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Bumble Inc. (NASDAQ: BMBL) focused on whether Bumble and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.
If you have information that could assist in the Bumble Investigation or if you are a Bumble investor who suffered a loss and would like to learn more, you can provide your information in the form on this page. You can also contact attorney J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.
THE COMPANY: Bumble provides online dating and social networking platforms.
THE REVELATION: On August 7, 2024, Bumble announced its second quarter 2024 results, missing analysts’ estimates and cutting its outlook for 2024 revenue growth to a range of 1% to 2%, down from a range of 8% to 11% forecasted the prior quarter. Following this news, Bumble’s stock price fell more than 29%.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig.