It is important that you completely read and understand the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (the “Notice”), including the Plan of Allocation of the Net Settlement Fund set forth in the Notice. The Notice describes the proposed Settlement, how Settlement Class Members are affected by the Settlement, and the manner in which the Net Settlement Fund will be distributed if the Settlement and Plan of Allocation are approved by the Court. The Notice also contains the definitions of many of the defined terms (which are indicated by initial capital letters). By electronically signing and submitting the Online Claim Form, you will be certifying that you have read and that you understand the Notice, including the terms of the releases described therein and provided for herein.
By submitting the Online Claim Form, you will be making a request to receive a payment from the Settlement described in the Notice. IF YOU ARE NOT A SETTLEMENT CLASS MEMBER (see the definition of the Settlement Class on page 6 of the Notice, which sets forth who is included in and who is excluded from the Settlement Class), OR IF YOU, OR SOMEONE ACTING ON YOUR BEHALF, SUBMITTED A REQUEST FOR EXCLUSION FROM THE SETTLEMENT CLASS, DO NOT SUBMIT A CLAIM FORM. YOU MAY NOT, DIRECTLY OR INDIRECTLY, PARTICIPATE IN THE SETTLEMENT IF YOU ARE NOT A SETTLEMENT CLASS MEMBER. THUS, IF YOU ARE EXCLUDED FROM THE SETTLEMENT CLASS, ANY CLAIM FORM THAT YOU SUBMIT, OR THAT MAY BE SUBMITTED ON YOUR BEHALF, WILL NOT BE ACCEPTED.
Submission of the Online Claim Form does not guarantee that you will be eligible to receive a payment from the Settlement. The distribution of the Net Settlement Fund will be governed by the Plan of Allocation set forth in the Notice, if it is approved by the Court, or by such other plan of allocation as the Court approves.
Use the Schedule of Transactions on the Online Claim Form to supply all required details of your transaction(s) in, and holdings of, the publicly traded Class A common stock of Bumble Inc. (“Bumble”). On the schedule, provide all of the requested information with respect to your holdings, purchases, acquisitions, and sales of publicly traded Bumble Class A common stock (including free transfers and deliveries), whether such transactions resulted in a profit or a loss. Failure to report all transaction and holding information during the requested time period may result in the rejection of your claim.
You are required to submit genuine and sufficient documentation for all of your transactions in and holdings of publicly traded Bumble Class A common stock as set forth in the Schedule of Transactions on the Online Claim Form. Documentation may consist of copies of brokerage confirmation slips or monthly brokerage account statements, or an authorized statement from your broker containing the transactional and holding information found in a broker confirmation slip or account statement. The Parties and the Claims Administrator do not independently have information about your investments in Bumble Class A common stock. IF SUCH DOCUMENTS ARE NOT IN YOUR POSSESSION, PLEASE OBTAIN COPIES OF THE DOCUMENTS OR EQUIVALENT DOCUMENTS FROM YOUR BROKER. FAILURE TO SUPPLY THIS DOCUMENTATION MAY RESULT IN THE REJECTION OF YOUR CLAIM. DO NOT SEND ORIGINAL DOCUMENTS. Please keep a copy of all documents that you send to the Claims Administrator. Also, do not highlight any portion of the Claim Form or any supporting documents.
Traceability of Bumble Class A Common Stock to the September 10, 2021 Secondary Public Offering. A Secondary Public Offering of Bumble Class A common stock (the “SPO”) occurred on or about September 10, 2021. Claimants who purchased shares of publicly traded Bumble Class A common stock directly in the SPO (at exactly $54.00 per share) or who purchased shares “traceable” to the SPO (as opposed to generally in the open market) are potentially eligible for recovery under the Plan of Allocation. If you purchased shares of publicly traded Bumble Class A common stock during the Settlement Class Period (i.e., between September 10, 2021 and January 24, 2022, inclusive) that were not purchased directly in the SPO but that you believe are specifically traceable to the SPO, you must submit documents with your Online Claim Form showing that the specific shares you purchased had been issued in the SPO.
Use the “CLAIMANT INFORMATION” section of the Online Claim Form to identify the beneficial owner(s) of the Bumble Class A common stock. The complete name(s) of the beneficial owner(s) must be entered. If you held the Bumble Class A common stock in your own name, you were the beneficial owner as well as the record owner. If, however, your shares of Bumble Class A common stock were registered in the name of a third party, such as a nominee or brokerage firm, you were the beneficial owner of the stock, but the third party was the record owner. The beneficial owner, not the record owner, must sign this Claim Form to be eligible to participate in the Settlement. If there were joint beneficial owners, each must electronically sign the Online Claim Form and their names must appear as “Claimants” in in the "CLAIMANT INFORMATION" section of the Online Claim Form.
One Online Claim should be submitted for each separate legal entity or separately managed account. Separate Online Claim Forms should be submitted for each separate legal entity (e.g., an individual should not combine his or her IRA holdings and transactions with holdings and transactions made solely in the individual’s name). Generally, a single Online Claim Form should be submitted on behalf of one legal entity including all holdings and transactions made by that entity on one Online Claim Form. However, if a single person or legal entity had multiple accounts that were separately managed, separate Claims may be submitted for each such account. The Claims Administrator reserves the right to request information on all the holdings and transactions in Bumble Class A common stock made on behalf of a single beneficial owner.
Agents, executors, administrators, guardians, and trustees must complete and electronically sign the Online Claim Form on behalf of persons represented by them, and they must:
(a) expressly state the capacity in which they are acting;
(b) identify the name, account number, last four digits of the Social Security Number (or taxpayer identification number), address, and telephone number of the beneficial owner of (or other person or entity on whose behalf they are acting with respect to) the Bumble Class A common stock; and
(c) furnish herewith evidence of their authority to bind to the Claim Form the person or entity on whose behalf they are acting. (Authority to complete and sign a Claim Form cannot be established by stockbrokers demonstrating only that they have discretionary authority to trade securities in another person’s accounts.)
By submitting an electronically signed Online Claim Form, you will be swearing that you:
(a) own(ed) the Bumble Class A common stock you have listed in the Claim Form; or
(b) are expressly authorized to act on behalf of the owner thereof.
By submitting an electronically signed Online Claim Form, you will be swearing to the truth of the statements contained therein and the genuineness of the documents attached thereto, subject to penalties of perjury under the laws of the United States of America. The making of false statements, or the submission of forged or fraudulent documentation, will result in the rejection of your claim and may subject you to civil liability or criminal prosecution.
If the Court approves the Settlement, payments to eligible Authorized Claimants pursuant to the Plan of Allocation (or such other plan of allocation as the Court approves) will be made after any appeals are resolved, and after the completion of all claims processing. The claims process will take substantial time to complete fully and fairly. Please be patient.
PLEASE NOTE: As set forth in the Plan of Allocation, each Authorized Claimant shall receive his, her, or its pro rata share of the Net Settlement Fund. If the prorated payment to any Authorized Claimant calculates to less than $10.00, it will not be included in the calculation and no distribution will be made to that Authorized Claimant.
If you have questions concerning the Online Claim Form, you may contact the Claims Administrator, JND Legal Administration, at the below address, by email at info@BumbleSecuritiesLitigation.com, or by toll-free phone at 844-798-0752.
NOTICE REGARDING ELECTRONIC FILES: Certain claimants with large numbers of transactions may request, or may be requested, to submit information regarding their transactions in electronic files. To obtain the mandatory electronic filing requirements and file layout, please see the Electronic Filing page on this website or you may email the Claims Administrator’s electronic filing department at BUMSecurities@jndla.com. Any file not in accordance with the required electronic filing format will be subject to rejection. The complete name of the beneficial owner of the securities must be entered where called for (see above). No electronic files will be considered to have been submitted unless the Claims Administrator issues an email to that effect. Do not assume that your file has been received until you receive this email. If you do not receive such an email within 10 days of your submission, you should contact the electronic filing department at BUMSecurities@jndla.com to inquire about your file and confirm it was received.