Match Group Investors Alerted to Pending Class Action Lawsuit by Faruqi & Faruqi
Securities Litigation Partner James (Josh) Wilson is urging investors who have experienced losses of over $50,000 in Match to reach out to him directly. This call to action comes after Match disclosed that the Federal Trade Commission (FTC) has filed a lawsuit against the company, accusing them of using fake love interest ads to trick consumers into buying subscriptions.
The lawsuit alleges that Match sent notifications to users about potential matches who were interested in connecting with them, but failed to disclose that some of these profiles were actually fake. This misleading practice reportedly led to thousands of users purchasing subscriptions in hopes of connecting with these fake profiles.
As a result of this news, Match’s stock price fell significantly, resulting in losses for investors. This has prompted Wilson to reach out to investors who have suffered significant financial losses in Match, in order to explore their legal options.
Wilson is a seasoned securities litigation partner who has successfully represented investors in similar cases in the past. If you are an investor who has lost over $50,000 in Match and are interested in learning more about your legal rights, Wilson encourages you to contact him directly.
It is important for investors to be aware of their rights and options in situations like this. By seeking legal counsel, investors can better understand the potential for recourse and take appropriate action to protect their investments. If you have been affected by the recent developments involving Match, don’t hesitate to reach out to Wilson for guidance and support.
