Investors who hold shares of WM Technology, Inc. (NASDAQ: MAPS) should contact the Shareholders Foundation in connection with Investigation over potential Wrongdoing

An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of WM Technology, Inc.

Investors who are current long term investors in WM Technology, Inc. (NASDAQ: MAPS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: MAPS stocks follows a lawsuit filed against WM Technology, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MAPS stocks, concerns whether certain WM Technology, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose, among other things, that WM Technology's monthly average user metrics (MAUs) were severely inflated for years; and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of WM Technology, Inc. (NASDAQ: MAPS) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.