Class Action Reports

Levi & Korsinsky Announces Match Group Class Action Investigation; MTCH Lawsuit

Levi & Korsinsky, LLP

October 9, 2019

Levi & Korsinsky, LLP announces that a MTCH class action lawsuit has been commenced on behalf of investors who purchased Match Group, Inc. (MTCH) securities between August 6, 2019 and September 25, 2019. For more on the Match Group Class Action please contact us today.

According to the Match Group lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company used fake love interest ads to convince customers to buy and upgrade subscriptions; (2) the Company made it difficult and confusing for consumers to cancel their subscriptions; (3) as a result, the Company was reasonably likely to be subject to regulatory scrutiny; (4) the Company lacked adequate disclosure controls and procedures; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

TO LEARN MORE ABOUT THE MTCH CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/match-group-inc-loss-form?prid=3820&wire=1

If you suffered a loss in Match Group you have until December 2, 2019 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.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com