Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Match Group, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][2] Summary by Sections Class Action Complaint - The complaint was filed on November 13, 2024, covering a Class Period from May 2, 2023, to November 6, 2024 [1] - Allegations include that Match Group materially understated challenges affecting Tinder, leading to an underestimation of the risk regarding Tinder's monthly active user count recovery by the third quarter of 2024 [2] - The lawsuit claims that the defendants' statements about Match Group's business and prospects were materially false and misleading [2] Investigation Details - The investigation focuses on whether the board of directors breached their fiduciary duties to the company [1] - Investors reportedly suffered damages when the true details about the company's situation became public [2] Contact Information - Long-term stockholders of Match Group are encouraged to reach out for more information regarding the claims [3]
MATCH GROUP INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into Match Group, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm