Core Viewpoint - A class action securities lawsuit has been filed against Match Group, Inc. alleging securities fraud that affected investors between May 2, 2023, and November 6, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Match Group materially understated the challenges facing Tinder, leading to an underestimation of the risk that Tinder's monthly active user count would not recover by the time the Company reported its Q3 2024 financial results [2]. - Defendants' statements regarding Match Group's business, operations, and prospects were allegedly materially false and misleading, lacking a reasonable basis during the relevant time [2]. Group 2: Next Steps for Investors - Investors who suffered losses in Match Group, Inc. during the specified timeframe have until January 24, 2025, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Levi & Korsinsky Notifies Match Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - MTCH