Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Match Group, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its business operations, particularly concerning Tinder's user count recovery [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from May 2, 2023, to November 6, 2024 [2]. - Allegations include that Match Group understated challenges affecting Tinder, leading to a misrepresentation of the risk regarding the recovery of Tinder's monthly active user count [2]. - The lawsuit claims that the defendants' statements about Match Group's business and prospects were materially false and lacked a reasonable basis [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by January 24, 2025, to potentially be appointed as lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. - Participation in the case incurs no cost or obligation for shareholders [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
Shareholders that lost money on Match Group, Inc.(MTCH) should contact The Gross Law Firm about pending Class Action - MTCH