#USA #New York #The Gross Law Firm #WM Technology #NASDAQ MAPS

Class Action Lawsuit Notification for WM Technology Shareholders

The Gross Law Firm has officially reached out to the shareholders of WM Technology, Inc. (NASDAQ: MAPS), urging those who purchased shares during the specified class period to take action. The firm is organizing a class action suit aimed at recovering losses incurred by investors due to alleged misrepresentations and fraudulent activities by the company's management.

Key Dates and Actions Required

Shareholders who acquired shares between May 25, 2021, and September 24, 2024, are particularly encouraged to register their information as the deadline for potential lead plaintiff applications approaches on December 16, 2024. However, it is important to note that being appointed as a lead plaintiff is not a prerequisite for participating in the recovery process.

Legal Allegations

The filed complaint asserts serious allegations against the executives at WM Technology, claiming they knowingly made false statements and withheld crucial information that would have impacted the securities market and misled investors. In particular, the complaint alleges that these actions were carried out with intent, highlighting breaches of securities laws.

The allegations include:

• - Issuing misleading statements to the public regarding the company’s financial health.
• - Concealing vital information that could have significantly influenced investor decisions.
• - Acting with a clear understanding that their public communications were not truthful.

These actions not only misled shareholders but also contributed to the artificial inflation of the company's stock prices. Investors are reminded that participation in the lawsuit carries no financial obligation and is designed to protect their rights as shareholders.

Next Steps for Interested Shareholders

Once registered, shareholders will gain access to a portfolio monitoring service. This tool provides updates on the status and progress of the case, keeping investors informed throughout the legal proceedings. The law firm emphasizes the importance of not delaying this process as the deadline approaches.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to safeguarding investor rights against corporate malpractice. The firm prioritizes good corporate governance and responsible business practices as part of its mission. By advocating for investors misled by false information, the firm aims to hold corporations accountable for unethical behaviors.

For more details or to register for participation, shareholders are encouraged to reach out through the provided contact channel:

• - Website: Gross Law Firm Registration
• - Email: [email protected]
• - Phone: (646) 453-8903

Conclusion

As the December 16 deadline nears, WM Technology investors are urged to take prompt action to protect their interests. By joining this class action lawsuit, impacted shareholders could potentially recover some of their losses while playing a part in reinforcing accountability in the corporate world.