A class action lawsuit has been filed against WM Technology, Inc. in the United States District Court for the Central District of California on behalf of investors who purchased or acquired WM Technology securities between May 25, 2021, and September 24, 2024. The lawsuit alleges that WM Technology’s monthly average user metrics (MAUs) were inflated and that defendants made false and misleading statements about the company’s business and operations. Investors have until December 16, 2024, to apply to be appointed as lead plaintiff in the lawsuit.
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is representing investors in the lawsuit. They encourage individuals who purchased or acquired WM Technology shares, suffered a loss, or have information about the case to contact them. Bragar Eagel & Squire, P.C. has offices in New York, California, and South Carolina and represents individual and institutional investors in commercial, securities, and other complex litigation in state and federal courts across the country.
For more information about the lawsuit or to participate in the action, investors can contact Brandon Walker or Marion Passmore by email at investigations@bespc.com or by phone at (212) 355-4648. There is no cost or obligation to participate. More details about the case and the law firm can be found on their website at www.bespc.com. This press release serves as an announcement of the class action lawsuit and the opportunity for affected investors to seek legal recourse.
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