#United States #New York #Class Action #Levi Korsinsky #Match Group Inc

Class Action Alert for Match Group, Inc.

Recently, Levi & Korsinsky, LLP announced a significant development for investors of Match Group, Inc. (NASDAQ: MTCH). The law firm is initiating a class action lawsuit aimed at recovering losses incurred by investors due to alleged securities fraud. This legal action is especially pertinent for those who experienced financial detriment between May 2, 2023, and November 6, 2024.

Key Details of the Lawsuit

The lawsuit claims that Match Group, Inc. failed to adequately disclose the challenges affecting its flagship dating service, Tinder. The allegations suggest that there was a severe understatement of the risks associated with Tinder’s operational struggles, particularly the failure to recover its monthly active user count. Consequently, Match Group’s public statements regarding its business health and future prospects were misleading, lacking a solid foundation.

Who is Affected?

If you are an investor who experienced losses linked to Match Group during the specified timeframe, it’s crucial to act soon. You can request that the court appoint you as a lead plaintiff until January 24, 2025. However, participation in any recovery does not necessitate this role. The firm emphasizes that there are no out-of-pocket costs for class members, making it accessible for those affected to come forward.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has carved out a prominent position as a leader in securities litigation. With over 20 years of experience, the firm has recovered hundreds of millions of dollars for aggrieved shareholders and consistently ranks among the top securities litigation firms in the United States. Their dedicated team of over 70 professionals is equipped to handle complex legal matters, ensuring that investors receive the attention and expertise necessary for effective representation.

Next Steps for Investors

Investors who believe they qualify for this class action can learn more by reaching out directly to Levi & Korsinsky. Inquiries can be directed through their email, or by phone at the provided contact details. This proactive approach ensures that all stakeholders have an opportunity to reclaim their investments amidst the unfolding legal proceedings.

For more information and to check if you qualify to join the lawsuit, you can visit the official link provided by Levi & Korsinsky.

Contact Information

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
Address: 33 Whitehall Street, 17th Floor, New York, NY 10004
Email: info@zlk.com
Phone: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com

This lawsuit highlights significant issues within Match Group, Inc. as the company faces scrutiny over its operations. Investors are encouraged to stay informed and seek the necessary legal support to mitigate potential losses.