Securities Class Action Lawsuit Notice Update by Rosen Law Firm
Rosen Law Firm recently issued an updated notice regarding a securities class action lawsuit on behalf of Match Group, Inc. investors. The law firm filed the lawsuit for individuals who purchased Match Group securities between May 2, 2023, and November 6, 2024. The purpose of the lawsuit is to seek damages for investors under federal securities laws.
The lawsuit alleges that during the Class Period, Match Group failed to disclose the challenges facing Tinder, resulting in an understatement of the risks involved. This led to misinformation about Tinder’s monthly active user count not recovering by the third quarter of 2024. When this information came to light, investors allegedly suffered damages.
If you’re interested in joining the Match Group class action, you can visit the Rosen Law Firm website for more information. The deadline to file a lead plaintiff motion is January 24, 2025. A lead plaintiff represents other class members in the litigation. You can reach out to Phillip Kim, Esq. of Rosen Law Firm for further details.
It’s important to note that no class has yet been certified in this case. Until a class is certified, individuals are not represented by counsel unless they choose to retain one. Investors have the option to remain an absent class member and take no action at this time. The ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
For those looking for updates, you can follow Rosen Law Firm on LinkedIn, Twitter, and Facebook. The firm specializes in securities class actions and shareholder derivative litigation, with a track record of successful outcomes that have benefited investors worldwide. Feel free to reach out for more information if you have questions about this class action lawsuit.
