Lead Plaintiff Deadline is Approaching - Act Now

Match Group’s® Shareholder Class Action

Meslage v. Match Group, Inc. et al.

Match Group, Inc.®

NASDAQ: MTCH

Class Period : 05/02/2023 - 11/06/2024

Lead Plaintiff Motion Deadline: 1/24/2025

A class action lawsuit has been filed against Match Group, Inc.®, following allegations that the company misled investors about its business performance. The lawsuit claims that Match Group failed to disclose essential issues affecting its app, Tinder, which led to a decline in active users. Investors were not adequately informed about these challenges, leading to false statements about the company's future growth. In November 2024, Match Group revealed disappointing financial results, causing the stock price to drop significantly. This lawsuit seeks to hold the company accountable for its actions and help investors recover their losses.  

Alleged Misstatements and Omissions  

The class action claims that Match Group made misleading statements and failed to disclose the following key issues:  

  1. Understating Tinder's Challenges: The company should have acknowledged serious problems with Tinder, which affected the number of active users.  
  2. Misleading Statements: Match Group's statements about its business, operations, and growth prospects needed to be more accurate, as they left investors with a false impression of the company's performance.  

By hiding these issues, Match Group misled shareholders and led them to believe the company was on track for future growth.  

Effects on Stock Prices  

The failure to disclose these critical issues caused a sharp decline in Match Group's stock price.  

  • November 7, 2024: After Match reported a 9% year-over-year drop in monthly active users, its stock price fell dramatically.  
  • The stock dropped by $6.77, or 17.8%, closing at $31.11 per share.  

This decline in stock price reflected the damage caused by the company's failure to inform investors about its challenges.  

Legal Rights for Affected Shareholders  

You may be compensated if you purchased Match Group stock during the class period and experienced losses. Shareholders who meet the following conditions could join the class action lawsuit:  

  • Purchased Match Group stock based on the company's statements or financial reports.  
  • Experienced losses after the stock price dropped in November 2024.  

Joining this lawsuit allows affected investors to seek justice for misleading practices and recover some financial losses.  

Take Action Today  

Taking action now is essential if you were misled by Match Group's statements and suffered financial losses. Here's how joining the lawsuit can benefit you:  

  1. Hold Match Group Accountable: Take a stand against the company for its misleading actions.  
  2. Seek Compensation: Fight to recover your financial losses from the drop in stock value.  
  3. Get Support: Experienced legal teams will advocate for your rights every step of the way.  

The time to act is limited, so don't wait. Protect your investment and explore your legal options today.

iStock-1147525564

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we defend the rights of shareholders harmed by deceptive corporate practices. Our experienced legal team will tirelessly hold Match Group accountable and seek fair compensation for your losses.  

Here's how we can help:  

  1. Conduct a thorough investigation into your claim.  
  2. Build a strong case to hold the company accountable for its misleading actions.  
  3. Fight for maximum compensation on your behalf.  

Contact DiCello Levitt today for a free, private case evaluation. We will assess your potential compensation value and guide you through every step of the process. Take the first step toward justice and reclaim your financial losses now.

All victims affected by Match Group’s® alleged deceptive practices and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

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Match Group’s® Shareholder Class Action

Meslage v. Match Group, Inc. et al.

Match Group, Inc.®

NASDAQ: MTCH

Class Period : 05/02/2023 - 11/06/2024

Lead Plaintiff Motion Deadline: 1/24/2025

A class action lawsuit has been filed against Match Group, Inc.®, following allegations that the company misled investors about its business performance. The lawsuit claims that Match Group failed to disclose essential issues affecting its app, Tinder, which led to a decline in active users. Investors were not adequately informed about these challenges, leading to false statements about the company's future growth. In November 2024, Match Group revealed disappointing financial results, causing the stock price to drop significantly. This lawsuit seeks to hold the company accountable for its actions and help investors recover their losses.  

Alleged Misstatements and Omissions  

The class action claims that Match Group made misleading statements and failed to disclose the following key issues:  

  1. Understating Tinder's Challenges: The company should have acknowledged serious problems with Tinder, which affected the number of active users.  
  2. Misleading Statements: Match Group's statements about its business, operations, and growth prospects needed to be more accurate, as they left investors with a false impression of the company's performance.  

By hiding these issues, Match Group misled shareholders and led them to believe the company was on track for future growth.  

Effects on Stock Prices  

The failure to disclose these critical issues caused a sharp decline in Match Group's stock price.  

  • November 7, 2024: After Match reported a 9% year-over-year drop in monthly active users, its stock price fell dramatically.  
  • The stock dropped by $6.77, or 17.8%, closing at $31.11 per share.  

This decline in stock price reflected the damage caused by the company's failure to inform investors about its challenges.  

Legal Rights for Affected Shareholders  

You may be compensated if you purchased Match Group stock during the class period and experienced losses. Shareholders who meet the following conditions could join the class action lawsuit:  

  • Purchased Match Group stock based on the company's statements or financial reports.  
  • Experienced losses after the stock price dropped in November 2024.  

Joining this lawsuit allows affected investors to seek justice for misleading practices and recover some financial losses.  

Take Action Today  

Taking action now is essential if you were misled by Match Group's statements and suffered financial losses. Here's how joining the lawsuit can benefit you:  

  1. Hold Match Group Accountable: Take a stand against the company for its misleading actions.  
  2. Seek Compensation: Fight to recover your financial losses from the drop in stock value.  
  3. Get Support: Experienced legal teams will advocate for your rights every step of the way.  

The time to act is limited, so don't wait. Protect your investment and explore your legal options today.

iStock-1147525564

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we defend the rights of shareholders harmed by deceptive corporate practices. Our experienced legal team will tirelessly hold Match Group accountable and seek fair compensation for your losses.  

Here's how we can help:  

  1. Conduct a thorough investigation into your claim.  
  2. Build a strong case to hold the company accountable for its misleading actions.  
  3. Fight for maximum compensation on your behalf.  

Contact DiCello Levitt today for a free, private case evaluation. We will assess your potential compensation value and guide you through every step of the process. Take the first step toward justice and reclaim your financial losses now.

All victims affected by Match Group’s® alleged deceptive practices and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

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Match Group’s® Investors may have grounds to pursue legal action and financial recovery of damages.

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