#USA #New York #Class Action #WM Technology #Levi Korsinsky

WM Technology, Inc. Shareholders Alert

On December 3, 2024, shareholders of WM Technology, Inc. (NASDAQ: MAPS) were informed by Levi & Korsinsky, LLP about a critical class action securities lawsuit. This class action encompasses losses sustained by investors due to alleged securities fraud committed between May 25, 2021, and September 24, 2024.

Class Action Overview

The lawsuit asserts that misleading information was disseminated to the investors, purposely concealing material facts that could significantly impact investment decisions. The defendants are accused of deliberately issuing false statements regarding the financial health and operational status of WM Technology. The complaint claims that these actions were not merely negligent but involved knowing participation and were a violation of securities laws.

Key Details of the Case

According to the allegations made in the filing, the defendants operated with scienter, indicating they were aware that the issued documents and public statements were misleading. They allegedly participated in this fraudulent scheme by modifying and disseminating materially misleading information to the public while in possession of confidential details about the company.

This class action aims to recover financial losses on behalf of all adversely affected investors during the specified period.

Important Actions for Shareholders

Shareholders of WM Technology, Inc. should take urgent steps as the deadline to file for lead plaintiff status is December 16, 2024. Investors are encouraged to connect with Levi & Korsinsky for guidance on their rights and options, which does not necessitate acting as a lead plaintiff to seek potential compensation.

No Financial Risk to Class Members

For impacted investors, there are no financial costs or obligations to participate in the class action. Levi & Korsinsky ensures that shareholders may pursue their claims without needing to pay upfront legal fees, making it a viable option for all qualifying parties.

Why Choose Levi & Korsinsky?

With over two decades of successful representation of shareholders, Levi & Korsinsky has secured substantial settlements for investors in comparable cases. They boast a strong track record in complex securities litigation, backed by a dedicated team of more than 70 professionals. The firm has also been recognized as one of the top securities litigation firms in the U.S. by ISS Securities Class Action Services, solidifying its credibility and expertise in the legal landscape.

Contact Information

For further inquiries, shareholders should reach out to:
Joseph E. Levi, Esq.
Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500
Website: www.zlk.com

With the deadline fast approaching, WM Technology shareholders must act quickly to ensure their rights are protected. The class action represents an important opportunity for investors to seek recovery for losses incurred during this tumultuous period.