Investors Alert: Class Action Lawsuit Filed Against Match Group, Inc. for Securities Fraud
On January 10, 2025, Levi & Korsinsky, LLP issued a notice to investors of Match Group, Inc. concerning a class action lawsuit tied to significant financial losses experienced by shareholders. The firm is seeking to represent investors who were impacted by alleged securities fraud between May 2, 2023, and November 6, 2024. The allegations suggest that Match Group, Inc. made false statements about its performance and marketing operations, particularly concerning its popular service Tinder. According to the filed complaint, key executives reportedly did not disclose critical challenges facing Tinder, ultimately leading to the company's financial struggles.
The lawsuit primarily claims that Match Group materially understated the issues impacting Tinder’s market performance and the consequences this had on their monthly active user base. As a result, investors were misled about the company's overall health and future prospects, which misrepresented the financial risks the company was facing at the time.
Affected investors are urged to come forward by filling out a submission form accessible through the firm's dedicated webpage. Those who experienced losses can contact Joseph E. Levi, Esq. at the firm via email or phone. Importantly, investors have until January 24, 2025, to request the court to appoint them as lead plaintiff—but participation in recovery does not depend on this.
Levi & Korsinsky emphasizes that joining the class action comes at no cost to investors. As a member of the class, individuals may be entitled to compensation without any out-of-pocket expenses. The firm has a strong reputation for securing considerable settlements for shareholders affected by securities fraud, which is backed by over two decades of experience and a proven track record in litigation. Levi & Korsinsky has been consistently recognized as one of the leading securities litigation firms in the United States according to ISS Securities Class Action Services.
Investors looking to make a claim or seeking additional information are encouraged to reach out directly to the firm. With a dedicated team of over 70 professionals, Levi & Korsinsky stands ready to advocate for the rights and compensation of aggrieved stakeholders. This case underscores the importance of transparency and accountability in the corporate sector, particularly when investor trust is compromised.
To make a claim, or for those wishing to learn more about the allegations or the class action process, please refer to the contact details provided in this release. The outcome of the forthcoming proceedings may impact many shareholders who are hoping for recovery after what they perceived as misleading information presented by Match Group, Inc. To stay updated on the case and any developments, keep in touch with Levi & Korsinsky through their website.
The lawsuit primarily claims that Match Group materially understated the issues impacting Tinder’s market performance and the consequences this had on their monthly active user base. As a result, investors were misled about the company's overall health and future prospects, which misrepresented the financial risks the company was facing at the time.
Affected investors are urged to come forward by filling out a submission form accessible through the firm's dedicated webpage. Those who experienced losses can contact Joseph E. Levi, Esq. at the firm via email or phone. Importantly, investors have until January 24, 2025, to request the court to appoint them as lead plaintiff—but participation in recovery does not depend on this.
Levi & Korsinsky emphasizes that joining the class action comes at no cost to investors. As a member of the class, individuals may be entitled to compensation without any out-of-pocket expenses. The firm has a strong reputation for securing considerable settlements for shareholders affected by securities fraud, which is backed by over two decades of experience and a proven track record in litigation. Levi & Korsinsky has been consistently recognized as one of the leading securities litigation firms in the United States according to ISS Securities Class Action Services.
Investors looking to make a claim or seeking additional information are encouraged to reach out directly to the firm. With a dedicated team of over 70 professionals, Levi & Korsinsky stands ready to advocate for the rights and compensation of aggrieved stakeholders. This case underscores the importance of transparency and accountability in the corporate sector, particularly when investor trust is compromised.
To make a claim, or for those wishing to learn more about the allegations or the class action process, please refer to the contact details provided in this release. The outcome of the forthcoming proceedings may impact many shareholders who are hoping for recovery after what they perceived as misleading information presented by Match Group, Inc. To stay updated on the case and any developments, keep in touch with Levi & Korsinsky through their website.
Topics Financial Services & Investing）
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