1. Match Group faces a class action lawsuit for alleged securities fraud. 2. Lawsuit claims MTCH understated Tinder's user challenges and risks. 3. Investors can join the lawsuit without out-of-pocket costs. 4. Court appointment as lead plaintiff needed by January 24, 2025. 5. Levi & Korsinsky has a strong track record in securities litigation.
Legal issues can negatively affect MTCH's stock price, similar to past cases where legal disputes led to declines in stock valuations.
Class action lawsuits can significantly impact investor confidence and stock performance, especially if evidence is strong.
The immediate legal proceedings may influence MTCH's stock in the next few months.
Levi & Korsinsky, LLP notifies investors in Match Group, Inc. ("Match Group, Inc." or the "Company") (NASDAQ: MTCH) of a class action securities lawsuit.
The lawsuit seeks to recover losses on behalf of Match Group, Inc. investors who were adversely affected by alleged securities fraud between May 2, 2023 and November 6, 2024. Follow the link below to get more information and be contacted by a member of our team:
Match Group Inc. Lawsuit Submission FormMTCH investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The filed complaint alleges that defendants made false statements and/or concealed that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder's monthly active user count would not recover by the time the Company reported its financial results for the third quarter of 2024; and (2) as a result, defendants' statements about Match Group's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you suffered a loss in Match Group, Inc. during the relevant time frame, you have until January 24, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP