NEW YORK, NY / ACCESSWIRE / January 27, 2022 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.
DM Shareholders Click Here: https://www.zlk.com/pslra-1/desktop-metal-inc-loss-submission-form?prid=22611&wire=1
DOCU Shareholders Click Here: https://www.zlk.com/pslra-1/docusign-inc-loss-submission-form?prid=22611&wire=1
BMBL Shareholders Click Here: https://www.zlk.com/pslra-1/bumble-inc-loss-submission-form?prid=22611&wire=1
* ADDITIONAL INFORMATION BELOW *
Desktop Metal, Inc. (NYSE:DM)
DM Lawsuit on behalf of: investors who purchased March 15, 2021 – November 15, 2021
Lead Plaintiff Deadline : February 22, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/desktop-metal-inc-loss-submission-form?prid=22611&wire=1
According to the filed complaint, during the class period, Desktop Metal, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) there were deficiencies in Desktop Metals’ acquisition EnvisionTEC’s manufacturing and product compliance practices and procedures; (2) the foregoing deficiencies presented a material risk to the commercialization of EnvisionTEC’s products; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Docusign, Inc. (NASDAQ:DOCU)
DOCU Lawsuit on behalf of: investors who purchased March 27, 2020 – December 2, 2021
Lead Plaintiff Deadline : February 22, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/docusign-inc-loss-submission-form?prid=22611&wire=1
According to the filed complaint, during the class period, Docusign, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the impact of the Covid-19 pandemic on DocuSign’s business was positive, not negative; (2) DocuSign misrepresented the role that the Covid-19 pandemic had on its growth; (3) DocuSign downplayed the impact that a ‘return to normal’ would have on the Company’s growth and business; and (4) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.
Bumble Inc. (NASDAQ:BMBL)
This lawsuit is on behalf of all purchasers of the Class A common stock of Bumble directly in Bumble’s secondary public stock offering which took place on or about September 10, 2021.
Lead Plaintiff Deadline : March 25, 2022
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/bumble-inc-loss-submission-form?prid=22611&wire=1
According to the filed complaint, (a) Bumble’s paying user growth trends had abruptly reversed in 3Q21 and the Company had actually lost tens of thousands of paying users during the quarter; (b) 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; (c) a material number of paying users were leaving the Badoo app, a dating-focused social network, 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 (d) as a result of the foregoing, Bumble’s business metrics and financial prospects were not as strong as the Registration Statement had represented.
You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE : Levi & Korsinsky, LLP
View source version on accesswire.com:
https://www.accesswire.com/685838/CLASS-ACTION-UPDATE-for-DM-DOCU-and-BMBL-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders
