The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Delaware on behalf of investors who purchased Match Group, Inc. (NASDAQ: MTCH) common stock between November 3, 2021, through January 31, 2023.
According to the Match lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company was not effectively executing on Tinder’s new product initiatives; (2) as a result, the Company was not on track to deliver Tinder’s planned product initiatives in 2022; and (3) therefore, defendants’ statements about the Company’s business, operations, and prospects lacked a reasonable basis.
If you suffered a loss in Match you have until May 5, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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