Lifshitz Law PLLC Announces Investigations of Bumble Inc. (NASDAQ: BMBL), Kiromic BioPharma, Inc. (NASDAQ: KRBP), FirstCash Holdings, Inc. (NASDAQ: FCFS), and QuantumScape Corporation (NYSE: QS)

NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) --

Bumble Inc. BMBL

Lifshitz Law PLLC announces that a class action complaint has been filed against BMBL alleging that, BMBL failed to disclose that: (i) Bumble's paying user growth trends had abruptly reversed in 3Q21 and Bumble had actually lost tens of thousands of paying users during the quarter; (ii) 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; (iii) a material number of paying users were leaving the Badoo app and/or could not make payments through the Badoo app due, in substantial part, to problems arising from Bumble's transition of its payment platform; and (iv) as a result, Bumble's business metrics and financial prospects were not as strong as the registration statement had represented.

If you are a BMBL investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

Kiromic BioPharma, Inc. KRBP

Lifshitz Law PLLC announces an investigation into alleged materially false and misleading statements made by KRBP in violation of federal securities law.

If you are a KRBP investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

FirstCash Holdings, Inc. FCFS

Lifshitz Law PLLC announces that a class action complaint has been filed against FCFS alleging that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose adverse facts about FirstCash's business, operations and prospects, which were known to Defendants or recklessly disregarded by them, as follows: that FirstCash had made more than 3,600 loans to over 1,000 active-duty members of the military and their families at usurious interest rates above 36% – and often exceeding 200% – in violation of the Military Lending Act ("MLA"); that FirstCash's financial results were, in substantial part, the product of the Company's violations of the MLA; and that as a result of the foregoing, FirstCash was exposed to a material undisclosed risk of legal, reputational and financial harm if the Company's violations of the MLA were ever publicly disclosed.

If you are an FCFS investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

QuantumScape Corporation QS

Lifshitz Law PLLC announces that a class action complaint was filed against QS alleging that Defendants failed to disclose to investors: (i) that the Company's purported success related to its solid-state battery power, battery life, and energy density were significantly overstated; (ii) that the Company is unlikely to be able to scale its technology to the multi-layer cell necessary to power electric vehicles; and (iii) that, 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.

If you are a QS investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.

ATTORNEY ADVERTISING.© 2022 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: jml@jlclasslaw.com