Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against WM Technology, Inc.

Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against WM Technology, Inc.

Bragar Eagel & Squire, P.C. has filed a class action lawsuit against WM Technology, Inc. in the United States District Court for the Central District of California. The lawsuit represents all individuals and entities that purchased or acquired WM Technology securities between May 25, 2021, and September 24, 2024, inclusive.

Investors interested in participating in the class action lawsuit against WM Technology, Inc. have until December 16, 2024, to submit their applications to the Court for the position of lead plaintiff.

The lawsuit against WM Technology, Inc. alleges that during the Class Period, the defendants made false and misleading statements while failing to disclose critical information. Specifically, it claims that:

1. Overstated Metrics: WM Technology's monthly average user metrics (MAUs) had been significantly overstated for several years.
2. Inaccurate Claims: As a result, the defendants' assertions about the company's business, operations, and future prospects were fundamentally flawed and lacked a solid foundation.

The lawsuit contends that when the true facts emerged, investors faced significant losses.

If you purchased or obtained WM Technology shares and experienced a loss, or if you are a long-term investor with relevant information, you may want to learn more about the claims in the lawsuit. For inquiries or to discuss your rights and interests, please contact Brandon Walker or Marion Passmore at investigations@bespc.com or call (212) 355-4648. There’s no charge or commitment required to you.

Bragar Eagel & Squire, P.C. is and international law firm, headquartered in New York, United States. The firm specialize in commercial and securities litigation, including shareholders' rights, federal securities claims,  bankruptcies, consumer protection and insolvency-related litigation.

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