{"id":910729,"date":"2025-11-17T09:26:32","date_gmt":"2025-11-17T14:26:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/"},"modified":"2025-11-17T09:26:32","modified_gmt":"2025-11-17T14:26:32","slug":"grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/","title":{"rendered":"GRND SECURITIES ALERT: Grindr Inc. Faces Investigation into the $18.00 Take Private Deal \u2013 Contact BFA Law if You Hold Shares"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Nov.  17, 2025  (GLOBE NEWSWIRE) &#8212; Leading securities law firm\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BubSqEckWyWlqySmK8ARfq8FKnOH-pVPrWdP0MfON5pVa1hiI9dDdgeZoknm9OQY3WC52CjHKv4xk-miwZk5PXrnFBPSHkgCVLUw6EM1Qjq4zw54_fGdcI-ctn6uJemF\" rel=\"nofollow\" target=\"_blank\"><strong>Bleichmar Fonti &amp; Auld LLP<\/strong><\/a> announces an investigation into Grindr Inc.\u2019s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest.<\/p>\n<p>If you are a current shareholder of Grindr, you are encouraged to obtain additional information by visiting: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J9OAqhQYDXblBIEx2HffpN5-X_GWtmOkVPgWwsQ0nXZq6iFppXdIUgN6qXQga8P0b8Ba-NDAvIS5kL5QJ3X5CO8rALsg0nNQv63pjhT_CvTYzQODPKhI3SNCremaiRCotiqrNoRdi9-8bYsGqZHp8w==\" rel=\"nofollow\" target=\"_blank\"><strong>https:\/\/www.bfalaw.com\/cases\/grindr-inc<\/strong><\/a>.<\/p>\n<p>\n        <strong>Why is Grindr being Investigated? <\/strong>\n      <\/p>\n<p>On October 14, 2025, SEC filings revealed that Lu and Zage were in the process of proposing a transaction to the Company which would take the company private, squeezing out all of the minority stockholders while preserving Lu and Zage\u2019s personal ownership.\u00a0 On October 24, 2025, Lu and Zage publicly disclosed that they have made an offer to a special committee of Grindr\u2019s board of directors to purchase all of the minority-stockholders\u2019 shares for $18.00 per share.<\/p>\n<p>Despite this being a controller take-private transaction, there is no indication that any final deal will be conditioned on a majority-of-the-minority stockholder vote. While the Company has appointed a special committee in connection with the potential transaction, it remains to be seen whether that will be an effective check on the influence of the controlling stockholders.<\/p>\n<p>BFA Law is investigating Grindr\u2019s board of directors and the majority stockholders (Zage and Lu) to ascertain whether they have breached their fiduciary duties to shareholders in connection with the contemplated transaction.<\/p>\n<p>\n        <strong>Click here for more information: <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J9OAqhQYDXblBIEx2HffpN5-X_GWtmOkVPgWwsQ0nXZq6iFppXdIUgN6qXQga8P0IB-bi4HSyyxIEiiOMXB5YL2_DhetLg60NWYbWqEuIkYAdIGkRVe_81B7kOo1NV9BHM8coWhlZWSp5mFFoabchQ==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases\/grindr-inc<\/strong><br \/>\n        <\/a><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p>\n        <strong>What Can You Do?<\/strong>\n      <\/p>\n<p>If you are a current holder of Grindr you may have legal options and are encouraged to submit your information to the firm.<\/p>\n<p>All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.<\/p>\n<p>\n        <strong>Submit your information by visiting:<\/strong>\n      <\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J9OAqhQYDXblBIEx2HffpN5-X_GWtmOkVPgWwsQ0nXZq6iFppXdIUgN6qXQga8P0ySTUobnhQhBHw5yPs3y5qAJJXba_jbd1of91Eb8zp_ry207LTn7jsSUanuCqjDZvvJiEadQWQCmJwW2so-eVjw==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases\/grindr-inc<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>Or contact:<br \/>Ross Shikowitz<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FYjNkImxB1cwKtF9DgVh5zwFBwWchvWf9hnngUbd66nKTtMeY-1MUN87e19C6iIN5894XvmUmXAX-W7SS5_MPDRgCuyw5lYvpSfYM0Z6Mx0=\" rel=\"nofollow\" target=\"_blank\">ross@bfalaw.com<\/a><br \/>212-789-3619<\/p>\n<p>\n        <strong>Why Bleichmar Fonti &amp; Auld LLP?<\/strong>\n      <\/p>\n<p>BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by\u00a0<em>Chambers USA<\/em>,\u00a0<em>The Legal 500<\/em>, and\u00a0<em>ISS SCAS<\/em>, and its attorneys have been named \u201cElite Trial Lawyers\u201d by the\u00a0<em>National Law Journal<\/em>, among the top \u201c500 Leading Plaintiff Financial Lawyers\u201d by\u00a0<em>Lawdragon<\/em>, \u201cTitans of the Plaintiffs\u2019 Bar\u201d by\u00a0<em>Law360<\/em>\u00a0and \u201cSuperLawyers\u201d by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.\u2019s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.<\/p>\n<p>For more information about BFA and its attorneys, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J9OAqhQYDXblBIEx2HffpN5-X_GWtmOkVPgWwsQ0nXZK7qlONINFuwN2AymWq5gkpBD5-YQXu1yF3JefeKB8lY2uJpuxhMrpHctU_atscBw=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.bfalaw.com<\/a>.<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J9OAqhQYDXblBIEx2HffpN5-X_GWtmOkVPgWwsQ0nXZq6iFppXdIUgN6qXQga8P0d2i-Rg-a_P3BnWi8g8lF3_0d-XkKSltx0CSpXyyoakWKWMaHxT9PD1Uw8uNRy7j65sbYOm5R_E7stMrMgvQsFA==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <strong>https:\/\/www.bfalaw.com\/cases\/grindr-inc<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <em>Attorney advertising. Past results do not guarantee future outcomes.<\/em>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3NjMwMyM3MjY1NjU2IzIyOTA5OTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MzA5NmNjNWMtM2Q1ZC00NTNjLWE4ZGMtZmUwYTdhMzdiNmZiLTEzMDI1NDUtMjAyNS0xMS0xNy1lbg==\/tiny\/Bleichmar-Fonti-Auld.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) &#8212; Leading securities law firm\u00a0Bleichmar Fonti &amp; Auld LLP announces an investigation into Grindr Inc.\u2019s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest. If you are a current shareholder of Grindr, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/grindr-inc. Why is Grindr being Investigated? On October 14, 2025, SEC filings revealed that Lu and Zage were in the process of proposing a transaction to the Company which would take the company private, squeezing out all &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GRND SECURITIES ALERT: Grindr Inc. Faces Investigation into the $18.00 Take Private Deal \u2013 Contact BFA Law if You Hold Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-910729","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GRND SECURITIES ALERT: Grindr Inc. Faces Investigation into the $18.00 Take Private Deal \u2013 Contact BFA Law if You Hold Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GRND SECURITIES ALERT: Grindr Inc. Faces Investigation into the $18.00 Take Private Deal \u2013 Contact BFA Law if You Hold Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) &#8212; Leading securities law firm\u00a0Bleichmar Fonti &amp; Auld LLP announces an investigation into Grindr Inc.\u2019s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest. If you are a current shareholder of Grindr, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/grindr-inc. Why is Grindr being Investigated? On October 14, 2025, SEC filings revealed that Lu and Zage were in the process of proposing a transaction to the Company which would take the company private, squeezing out all &hellip; Continue reading &quot;GRND SECURITIES ALERT: Grindr Inc. 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Faces Investigation into the $18.00 Take Private Deal \u2013 Contact BFA Law if You Hold Shares - Market Newsdesk","og_description":"NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) &#8212; Leading securities law firm\u00a0Bleichmar Fonti &amp; Auld LLP announces an investigation into Grindr Inc.\u2019s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest. If you are a current shareholder of Grindr, you are encouraged to obtain additional information by visiting: https:\/\/www.bfalaw.com\/cases\/grindr-inc. Why is Grindr being Investigated? On October 14, 2025, SEC filings revealed that Lu and Zage were in the process of proposing a transaction to the Company which would take the company private, squeezing out all &hellip; Continue reading \"GRND SECURITIES ALERT: Grindr Inc. Faces Investigation into the $18.00 Take Private Deal \u2013 Contact BFA Law if You Hold Shares\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-17T14:26:32+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3NjMwMyM3MjY1NjU2IzIyOTA5OTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grnd-securities-alert-grindr-inc-faces-investigation-into-the-18-00-take-private-deal-contact-bfa-law-if-you-hold-shares\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"GRND SECURITIES ALERT: Grindr Inc. 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