#United States #New York #Class Action #Match Group #Bronstein

Class Action Lawsuit for Match Group Investors

Recently, Bronstein, Gewirtz & Grossman, LLC, a prominent national law firm, announced a class action lawsuit against Match Group, Inc., the well-known parent company of dating app Tinder. This legal initiative targets investors who incurred significant financial losses between May 2, 2023, and November 6, 2024.

What Led to the Lawsuit?

The lawsuit alleges that Match Group and certain of its officers provided misleading statements concerning the company's financial health and operational challenges. Specifically, it is claimed that the company understated issues impacting Tinder, leading to a misrepresentation of the risks involved. These allegedly false statements continued throughout the class period, instilling a false sense of security among investors regarding the recovery of the app's user base and overall financial performance leading into the third quarter of 2024.

Key Points of the Class Action

• - Class Period: Investors who purchased Match Group securities during the specified period are eligible to join the class action.
• - Allegations: The suit includes claims that the company failed to disclose significant challenges, thus delivering inaccurate information about its business outlook.
• - Potential Damages: Investors who relied on the company's statements and subsequently faced economic losses could have a chance to recover damages.

Next Steps for Interested Investors

If you believe you qualify to be part of this class action, you can find further details or review a copy of the complaint by visiting Bronstein, Gewirtz & Grossman's official site at bgandg.com/MTCH. For personal inquiries, investors can also reach out via phone to legal representatives Peretz Bronstein or Client Relations Manager Nathan Miller at 332-239-2660.

Investors have a deadline of January 24, 2025, to request the court to appoint them as lead plaintiffs. Joining this lawsuit doesn't require you to be a lead plaintiff to qualify for any potential recovery under the terms set forth in the proceedings.

No Cost Involved

Bronstein, Gewirtz & Grossman operates under a contingency fee basis, which means that investors will not need to pay out-of-pocket expenses or attorney fees unless the case results in a recovery. The legal firm will then seek reimbursement from the court, taking a percentage of the total recovered amount.

About Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC has established a reputation for representing investors in securities fraud class actions and shareholder derivative lawsuits. Over the years, the firm has successfully recovered hundreds of millions for investors across the nation. Their commitment to holding companies accountable for misleading practices underscores their role as advocates for investor protection.

• ---

For the affected investors, this class action lawsuit presents an opportunity to claim back some of the losses incurred. The details and processes outlined provide a pathway toward potential recovery and reflect the firm’s dedication to investor advocacy.

Stay informed about the developments in this case and consider your options if you are impacted. Legal recourse may be a useful avenue to explore following the losses faced during the tumultuous period of Match Group's securities performance.