Levi & Korsinsky Alerts Match Group, Inc. Investors About Class Action Lawsuit and Critical Deadline

Notice to Investors of Match Group, Inc.



On January 7, 2025, Levi & Korsinsky, LLP made a significant announcement for investors regarding Match Group, Inc. (NASDAQ: MTCH). The firm is currently notifying shareholders about a class action lawsuit that could have considerable implications for those who have suffered financial losses due to alleged securities fraud.

Class Action Overview



The class action lawsuit aims to represent Match Group, Inc. investors who were adversely impacted during the period from May 2, 2023, to November 6, 2024. The lawsuit seeks to recover losses that investors faced during this time frame, potentially stemming from misleading statements made by the company.

Allegations Against Match Group



According to the complaint filed, there are serious allegations regarding misleading statements and omissions of key information by Match Group's executives. Specifically, the lawsuit claims that the company understated the difficulties faced by its flagship product, Tinder. This underreporting raised concerns that Tinder’s monthly active user count might not recover as anticipated by the time the third-quarter results for 2024 were released. Consequently, these misstatements misled investors regarding the company's operations and future prospects.

Important Deadlines



For investors who have experienced losses during the specified period, January 24, 2025, is critical. By this date, affected investors should take action to file a request with the court to be appointed as lead plaintiffs in the class action suit. However, it’s important to note that participation in any potential recovery does not depend on being a lead plaintiff.

No Out-of-Pocket Costs



Investors concerned about the costs of participation can take comfort in knowing that there are no out-of-pocket expenses associated with this class action lawsuit. If you qualify as a class member, you may recover compensation without having to pay any fees upfront.

Why Choose Levi & Korsinsky?



Levi & Korsinsky has a formidable track record in securities litigation, having secured hundreds of millions in settlements for shareholders over the past two decades. With a team of over 70 experienced professionals, the firm is well-equipped to handle complex legal cases, including this ongoing lawsuit involving Match Group, Inc.

For seven consecutive years, Levi & Korsinsky has been recognized as one of the leading securities litigation firms in the United States, according to ISS Securities Class Action Services' Top 50 Report. This prestigious ranking underscores the firm's expertise and reliability in advocating for investors’ rights.

Contact Information



Investors who believe they are affected by the situation can easily reach out to Levi & Korsinsky for more details and guidance. You can contact Joseph E. Levi, Esq. at Levi & Korsinsky via email at [email protected] or call (212) 363-7500 for assistance. This may be critical as the deadline approaches and the class action proceedings continue to unfold.

As this lawsuit develops, it is essential for Match Group, Inc. shareholders to stay informed and consider their options carefully. Engaging with experienced legal counsel like Levi & Korsinsky could provide essential support and ensure that your rights are protected as an investor.

Topics Financial Services & Investing)

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