#United States #New York #Class Action #Inc. #WM Technology #Securities Fraud

Important Notice for WM Technology, Inc. Investors

Levi & Korsinsky, LLP has brought an important notification to all investors of WM Technology, Inc. (NASDAQ: MAPS) regarding a significant class action securities lawsuit. The firm is urging affected shareholders to step forward before the deadline of December 16, 2024, to discuss their legal rights and potential recovery options.

Class Action Overview

This lawsuit seeks to address the grievances of investors who have suffered losses as a result of alleged securities fraud occurring between May 25, 2021, and September 24, 2024. The complaint claims that the leadership of WM Technology knowingly misled the public about the company's financial health. Here's a brief exploration of what this entails.

Allegations of Fraudulent Conduct

The central allegation in this case revolves around the assertion that WM Technology's executives intentionally altered or concealed critical information from their investors. These actions are believed to have involved making false statements and significantly downplaying risks associated with investments in the company. During the specified period, investors could have been misled by communications and documents that failed to disclose material facts, thus rallying the need for the current class action.

In essence, the defendants are accused of engaging in activities that amounted to a deceitful scheme, potentially compromising the integrity of market transactions. Those holding shares during the specified timeframe are especially encouraged to review their positions concerning these allegations and consider potential legal actions.

Next Steps for Investors

For shareholders who believe they were affected by these developments, it is paramount to act swiftly. Affected investors have until December 16, 2024, to request that the Court designate them as lead plaintiffs to the class action. Fortunately, it is important to note that recovering losses from this class action does not hinge on one's position as a lead plaintiff.

Furthermore, members of the class may be eligible for compensatory funds without incurring out-of-pocket costs or fees. The process set forth by Levi & Korsinsky assures no financial obligations are needed to participate in this lawsuit.

Why Choose Levi & Korsinsky?

Levi & Korsinsky brings over 20 years of experience within the realm of securities litigation. The firm has a strong track record, securing hundreds of millions of dollars for aggrieved shareholders in previous cases. Consistently recognized as a leading organization in securities class action by ISS Securities Class Action Services, the firm collaborates with a capable team to uphold the rights of investors. This legacy showcases their substantial capability to navigate complex legal landscapes with diligence.

Contact Information

For more information or to express your participation in the ongoing legal proceedings, investors can reach out to:

Joseph E. Levi, Esq.
Email: jlevi@zlk.com
Phone: (212) 363-7500
Address: 33 Whitehall Street, 17th Floor, New York, NY 10004

Investors are urged to act promptly to protect their rights. Levi & Korsinsky is committed to helping investors achieve justice and recovery in instances of fraudulent conduct by corporations and their executives. This serves as a reminder of the importance of maintaining transparency and accountability in corporate communications.

Stay informed and ensure your voice is heard regarding this pressing matter as the deadline approaches.