Group 1 - A class action has been filed against Match Group, Inc. for allegedly misleading investors about its business prospects, particularly regarding Tinder's performance [1][2] - Match Group reported a 9% decline in Tinder's monthly active user count for Q3 2024, matching the decline rate from Q2 2024, which fell short of market expectations [2][3] - Following the disclosure of these results, Match Group's stock price dropped by $6.77 per share, or 17.8%, closing at $31.11 on November 7, 2024 [3] Group 2 - Shareholders interested in participating as lead plaintiffs in the class action must submit their applications by January 24, 2025 [4] - Robbins LLP, the law firm handling the case, operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5] - The firm has a history of recovering over $1 billion for shareholders since its inception in 2002 [5]
MTCH Stockholder News: Robbins LLP Reminds Match Group, Inc. Investors of the Fast Approaching Lead Plaintiff Deadline in the Securities Class Action