Investors who lost money on Match Group, Inc.(MTCH) should contact Levi & Korsinsky about pending Class Action – MTCH

Key Takeaways:

• Class Action Filed Against Match Group: A lawsuit alleges that Match Group engaged in securities fraud affecting investors.
• Allegations Focus on Tinder’s Performance: The company is accused of understating challenges impacting Tinder’s user growth.
• Relevant Period Between May 2023 and November 2024: The alleged misconduct occurred during this timeframe.
• January 24, 2025 Deadline for Investors: Affected shareholders must request lead plaintiff status by this date.
• No Cost to Participate: Investors may join the lawsuit without any out-of-pocket expenses.

Class Action Lawsuit Targets Match Group

Investors in Match Group, Inc. (NASDAQ: MTCH) have been alerted to a class action securities lawsuit filed by the law firm Levi & Korsinsky, LLP. The lawsuit seeks to recover losses on behalf of shareholders who were adversely affected by alleged securities fraud between May 2, 2023, and November 6, 2024.

Allegations of Misleading Statements

The complaint alleges that Match Group made false statements and concealed material information regarding the challenges facing its flagship dating app, Tinder. Specifically, it is claimed that the company “materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s monthly active user count would not recover by the time the Company reported its financial results for the third quarter of 2024.”

Impact on Investors

As a result of these alleged misrepresentations, investors may have been misled about the company’s business operations and prospects. The lawsuit contends that shareholders suffered losses due to the decline in Match Group’s stock value when the true state of Tinder’s performance became apparent.

Deadline Approaching for Affected Shareholders

Investors who purchased Match Group securities during the specified period have until January 24, 2025, to request that the court appoint them as lead plaintiff. According to Levi & Korsinsky, there is “no cost or obligation to participate,” and affected individuals may be entitled to compensation without any out-of-pocket fees.

About Levi & Korsinsky, LLP

Levi & Korsinsky is a nationally recognized firm specializing in securities litigation. With over 70 employees, the firm has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years. Notably, it has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States for seven consecutive years.

Next Steps for Investors

Shareholders interested in participating in the lawsuit or seeking more information can contact Levi & Korsinsky directly. Joseph E. Levi, Esq., is available via email at

Contact Information:

Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004